Eurobank Ergasias

Eurobank Ergasias, headquartered in GR and operating in financial intermediation services, except insurance and pension funding services, reported a total of approximately 89.77 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions.

For 2023, the bank's total emissions were approximately 24.72 billion kg CO2e. This included Scope 1 emissions of about 2.26 billion kg CO2e, Scope 2 emissions of approximately 18.55 billion kg CO2e, and Scope 3 emissions of around 3.91 billion kg CO2e.

In 2022, Eurobank Ergasias reported total emissions of approximately 28.07 billion kg CO2e, with Scope 1 at about 2.37 billion kg CO2e, Scope 2 at approximately 20.46 billion kg CO2e, and Scope 3 at around 5.24 billion kg CO2e.

The previous year, 2021, saw total emissions of approximately 22.58 billion kg CO2e, comprising Scope 1 emissions of about 1.87 billion kg CO2e, Scope 2 emissions of approximately 16.17 billion kg CO2e, and Scope 3 emissions of around 4.54 billion kg CO2e.

For 2020, total emissions were approximately 18.10 billion kg CO2e, with Scope 1 at about 0.95 billion kg CO2e and Scope 2 at approximately 17.12 billion kg CO2e. Scope 3 emissions for this year were reported as 36 million kg CO2e.

Eurobank Ergasias has established significant climate commitments. The organisation is committed to Net-Zero by 2033 for Scope 1 and 2 emissions and Net-Zero by 2050 for Scope 3 emissions, with a baseline year of 2019. These targets are aligned with the Science Based Targets initiative (SBTi). The bank has also reported achieving a reduction of 13.15% in Scope 1 and 2 indirect GHG emissions between 2023 and 2024, exceeding its target of -2% for that period. The organisation aims to maintain and update its Operational Net Zero Action Plan to support these goals.