Erste Bank a.d., Novi Sad, is a prominent financial institution headquartered in Serbia, specifically in the city of Novi Sad. Established in 2005, it has rapidly evolved within the banking sector, serving as a key player in the region's financial landscape. The bank primarily operates in retail and corporate banking, offering a diverse range of services including loans, savings accounts, and investment products tailored to meet the needs of both individual and business clients. With a strong commitment to customer service and innovative financial solutions, Erste Bank has distinguished itself through its user-friendly digital banking platforms and personalised financial advice. As part of the Erste Group, one of Central and Eastern Europe’s leading financial services providers, Erste Bank a.d. has achieved significant market presence and recognition, contributing to the economic development of its operational regions.
How does Erste Bank a.d., Novi Sad's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Erste Bank a.d., Novi Sad's score of 14 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2018, Erste Bank a.d., Novi Sad reported total carbon emissions of approximately 2,842,000 kg CO2e, comprising 591,000 kg CO2e from Scope 1 and 2,252,000 kg CO2e from Scope 2 emissions. This data indicates a significant carbon footprint, primarily driven by energy consumption in operations. Comparatively, in 2017, the bank's emissions were about 3,128,000 kg CO2e, with Scope 1 emissions at 383,000 kg CO2e and Scope 2 emissions at 2,745,000 kg CO2e. This reflects a slight reduction in total emissions year-on-year. Erste Bank a.d., Novi Sad has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data suggests a focus on direct and indirect operational emissions, but no comprehensive strategy appears to be in place for broader climate commitments. Overall, while Erste Bank a.d., Novi Sad has made strides in tracking its emissions, further transparency regarding reduction targets and climate strategies would enhance its commitment to sustainability.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | |
|---|---|
| Scope 1 | 443,000 |
| Scope 2 | 3,193,000 |
| Scope 3 | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Erste Bank a.d., Novi Sad is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
