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Public Profile
Financial Intermediation
CZ
updated 6 months ago

Fio banka, a.s.

Company website

Fio banka, a.s., commonly known as Fio Bank, is a prominent financial institution headquartered in the Czech Republic (CZ). Established in 2007, the bank has rapidly evolved to become a key player in the banking sector, primarily serving retail and corporate clients across the Czech Republic and Slovakia. Fio Bank is renowned for its comprehensive range of services, including online banking, investment services, and brokerage solutions, all characterised by low fees and user-friendly platforms. The bank's commitment to transparency and customer-centric solutions has positioned it as a trusted choice for individuals and businesses alike. With a strong focus on innovation, Fio Bank continues to achieve significant milestones, solidifying its reputation as a leading alternative to traditional banking in Central Europe.

DitchCarbon Score

How does Fio banka, a.s.'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.

14

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

Fio banka, a.s.'s score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Fio banka, a.s.'s reported carbon emissions

Fio banka, a.s., headquartered in the Czech Republic (CZ), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that Fio banka may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a financial institution, Fio banka operates within a sector that is increasingly recognising the importance of sustainability and climate action. However, without specific emissions data or reduction commitments, it is challenging to assess the bank's current environmental impact or future climate strategies.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fio banka, a.s.'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 Fio banka, a.s. is in CZ, which has a very high 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.

Fio banka, a.s. 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

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