Helaba
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.
DitchCarbon Score
How does Helaba'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.
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.
Industry Benchmark
Helaba's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Helaba's reported carbon emissions
In 2023, Helaba reported total carbon emissions of approximately 6,390,000 kg CO2e. This figure includes 2,034,000 kg CO2e from Scope 1 emissions, 835,000 kg CO2e from Scope 2, and 3,522,000 kg CO2e from Scope 3 emissions. Comparatively, Helaba's emissions in previous years were as follows: in 2022, total emissions were about 7,583,000 kg CO2e; in 2021, approximately 6,728,000 kg CO2e; and in 2020, around 7,469,000 kg CO2e. Notably, Helaba achieved a significant reduction in total emissions from 2022 to 2023, decreasing by about 1,193,000 kg CO2e. Despite these reductions, Helaba has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,514,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,268,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 3,687,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Helaba is not committed to any reduction initiatives 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.
