Public Profile

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.

30

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.

26

Industry Benchmark

Helaba's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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, in 2022, Helaba's total emissions were about 7,583,000 kg CO2e, indicating a significant reduction of approximately 1,193,000 kg CO2e year-on-year. The trend continues from 2021, where emissions were reported at 6,728,000 kg CO2e, and from 2020, which saw total emissions of 7,469,000 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's ongoing efforts to manage and reduce its carbon footprint reflect a growing commitment to sustainability within the financial sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Helaba'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. Helaba is headquartered in DE, which has a rank of medium, indicating medium grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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