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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.
+6 vs industry average
Helaba’s score of 43 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Helaba, a German financial intermediation services company, reported total carbon emissions of approximately 187.25 billion kg CO2e in 2025. This includes about 49.05 million kg CO2e from Scope 1, 38.86 million kg CO2e from Scope 2 (market-based), and 187.17 billion kg CO2e from Scope 3 (investments). This data is inherited from its parent company, Landesbank Hessen-Thüringen Girozentrale.
In 2024, Helaba's total emissions were approximately 186.37 billion kg CO2e, with Scope 1 emissions at about 46.90 million kg CO2e, Scope 2 (market-based) at 35.22 million kg CO2e, and Scope 3 (investments) at 186.29 billion kg CO2e.
Helaba aims to achieve climate neutrality in its own operations by 2035. The company set a near-term target to reduce its Scope 1 and Scope 2 emissions by 15% to 30% by 2025, compared to the average of the years 2015 to 2019. It successfully surpassed this target, achieving a 37% reduction by 2025. Furthermore, Helaba plans to reduce its Scope 1 and Scope 2 emissions by an additional 25% by 2030, compared with 2024 levels.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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