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.
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.
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.
Eurobank Ergasias's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Eurobank Ergasias, headquartered in Greece (GR), has outlined significant climate commitments, although specific carbon emissions data for the most recent year is not available. The bank has set ambitious reduction targets for its greenhouse gas emissions, focusing on both Scope 1 and Scope 2 emissions. For the near term, Eurobank aims to reduce its indirect greenhouse gas emissions (Scope 2) from approximately 20,807 kg CO2e to 17,708 kg CO2e by 2024, representing a total reduction of about 13.15%. This target is part of a broader strategy to achieve a 2% reduction in emissions annually. In terms of long-term commitments, Eurobank has established a detailed Operational Net Zero Action Plan, aligned with the Science Based Targets initiative (SBTi). The bank aims for net-zero emissions for Scope 1 and Scope 2 by 2033, with a longer-term goal of achieving net-zero for Scope 3 emissions by 2050. The baseline year for these targets is set at 2019. Overall, Eurobank Ergasias is actively working towards reducing its carbon footprint and aligning its operations with global climate goals, demonstrating a commitment to sustainability and responsible banking practices.
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.