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 financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. The bank operates primarily in the regions of Hesse and Thuringia, providing a range of financial solutions tailored to meet the needs of both corporate and public sector clients.
Helaba's core offerings include commercial banking, real estate financing, and capital market services, distinguished by their commitment to customer-centric solutions and sustainable finance. With a strong market position, Helaba has achieved notable milestones, including recognition for its innovative financing models and robust risk management practices. As a trusted partner in the financial landscape, Helaba continues to uphold its reputation for reliability and excellence in service delivery.
+2 vs industry average
Helaba’s score of 37 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
Helaba's latest reported carbon emissions data is from 2023, with total emissions amounting to approximately 44.2 million kg CO2e. This figure comprises approximately 2 million kg CO2e of Scope 1 emissions, about 835,000 kg CO2e of Scope 2 emissions, and approximately 41.2 million kg CO2e of Scope 3 emissions.
In 2022, Helaba reported total emissions of approximately 40.1 billion kg CO2e, including around 3.6 million kg CO2e
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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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