Eurobank Ergasias
Eurobank Ergasias, commonly known as Eurobank, is a prominent financial institution headquartered in Greece (GR). Established in 1990, the bank has grown to become a key player in the Greek banking sector, with a strong presence in Southeast Europe. Eurobank offers a comprehensive range of services, including retail banking, corporate banking, and wealth management, distinguished by its customer-centric approach and innovative digital solutions. With a commitment to sustainability and community development, Eurobank has achieved significant milestones, including the successful integration of advanced technology in its operations. The bank is recognised for its robust market position, consistently ranking among the top financial institutions in Greece. Eurobank's dedication to excellence and adaptability in a dynamic market environment underscores its reputation as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Eurobank Ergasias'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.
Industry Average
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.
Industry Benchmark
Eurobank Ergasias's score of 56 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eurobank Ergasias's reported carbon emissions
In 2024, Eurobank Ergasias reported total carbon emissions of approximately 89,772,000 kg CO2e. This figure includes 3,421,000 kg CO2e from Scope 1 emissions, 1,956,080 kg CO2e from Scope 2 emissions (with a market-based approach accounting for 11,050,000 kg CO2e), and a significant 57,661,950 kg CO2e from Scope 3 emissions. The bank's emissions for 2023 were notably lower, at about 30,622,780 kg CO2e, with Scope 1 emissions at 2,824,180 kg CO2e, Scope 2 at 729,000 kg CO2e, and Scope 3 at 27,088,160 kg CO2e. Eurobank has set ambitious reduction targets, aiming for a 13.15% reduction in Scope 1 and 2 emissions by 2024, with a specific target of achieving 17,708 kg CO2e. Furthermore, the bank is committed to reaching net-zero emissions for Scope 1 and 2 by 2033 and for Scope 3 by 2050, aligning its strategies with the Science Based Targets initiative (SBTi). Additionally, Eurobank is developing financed emissions reduction targets in accordance with the Net-Zero Banking Alliance (NZBA), with initial sector targets expected to be finalised by 2025. These commitments reflect Eurobank's proactive approach to addressing climate change and reducing its carbon footprint, contributing to a more sustainable future.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 946,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,120,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000,000 |
| Scope 3 | 36,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Eurobank Ergasias 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.
