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Public Profile
Financial Intermediation
GR
updated 3 days ago

Eurobank Ergasias

Company website

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.

56

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.

27

Industry Benchmark

Eurobank Ergasias's score of 56 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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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, 19,560,80 kg CO2e from Scope 2 emissions (with a market-based approach indicating 11,050,000 kg CO2e), and a significant 75,301,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (37,570,540 kg CO2e) and capital goods (23,420,000 kg CO2e). In 2023, the bank's total emissions were 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. The 2022 emissions were reported at approximately 28,066,000 kg CO2e, with Scope 1 at 2,367,000 kg CO2e, Scope 2 at 20,463,000 kg CO2e, and Scope 3 at 5,236,000 kg CO2e. Eurobank has set ambitious climate commitments, aiming for net-zero emissions by 2033 for Scope 1 and 2, and by 2050 for Scope 3. The bank has established a detailed Operational Net Zero Action Plan aligned with the Science Based Targets initiative (SBTi), with a baseline year of 2019. Additionally, they are developing financed emissions reduction targets based on the Net-Zero Banking Alliance framework, with initial sector targets expected to be finalised by 2025. The bank achieved a reduction target of 13.15% in indirect GHG emissions (Scope 1 and 2) from 2023 to 2024, demonstrating a commitment to reducing its carbon footprint.

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20202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Eurobank Ergasias's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Eurobank Ergasias is in GR, which has a medium grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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