Helaba, officially known as Landesbank Hessen-Thüringen, is a prominent financial institution headquartered in Frankfurt, Germany. Established in 1953, Helaba has grown to become a key player in the banking sector, primarily serving the regions of Hesse and Thuringia, while also maintaining a strong presence across Europe.
Specialising in corporate banking, real estate financing, and public sector services, Helaba distinguishes itself through its commitment to sustainable finance and innovative solutions tailored to client needs. The bank has achieved notable milestones, including its consistent ranking among the top German Landesbanken, reflecting its robust market position and reputation for reliability.
With a diverse portfolio of products and services, Helaba continues to support economic development and infrastructure projects, making it a vital partner for businesses and public entities alike.
0 vs industry average
Helaba’s score of 35 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Helaba's reported carbon emissions
In 2023, Helaba reported total carbon emissions of approximately 46,000,000 kg CO2e, comprising 2,034,000 kg CO2e from Scope 1, 835,000 kg CO2e from Scope 2, and 41,181,000 kg CO2e from Scope 3 emissions. This data is cascaded from its parent organization, Landesbank Hessen-Thüringen Girozentrale. Helaba has set ambitious climate commitments, aiming for a 30% reduction in CO2 emissions across Scope 1 and Scope 2 by 2025, relative to the average emissions from 2015 to 2019. This commitment is part of their broader goal to achieve climate neutrality by 2035. The bank's strategy includes resource conservation and operational adjustments to meet these targets effectively. The reduction initiatives are documented in their sustainability reports, which outline specific measures and progress towards these goals. Helaba's commitment to sustainability reflects its dedication to addressing climate change and reducing its environmental impact.
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Helaba’s Climate Goals (2030 & 2050)
3 goals2025
30% reduction in Scope 1
We want to reduce our CO2 emissions by 30 % (relative to the average for 2015 to 2019) by 2025 as a stepping stone on this pathway.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Helaba
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