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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 29 is lower 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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Helaba's reported carbon emissions
In 2023, Helaba reported total carbon emissions of approximately 2,034,000 kg CO2e for Scope 1, 835,000 kg CO2e for Scope 2, and about 3,522,000 kg CO2e for Scope 3 emissions in Germany. This reflects a commitment to reducing emissions by 30% by 2025 compared to the average of 2015 to 2019, as part of their goal to achieve climate neutrality by 2035. The total emissions for Helaba globally in 2023 were approximately 41,181,000 kg CO2e, with only Scope 3 emissions disclosed. The bank's reduction initiatives include a focus on resource conservation and operational efficiency, aiming for significant reductions in both Scope 1 and Scope 2 emissions. Helaba's emissions data is sourced from Landesbank Hessen-Thüringen Girozentrale, with no cascaded data from a parent organization. The bank's sustainability strategy outlines specific targets and initiatives to enhance their environmental performance, aligning with industry standards for climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,507,490 | 0,000,000 | 0,000,000 | - |
| Scope 2 | 1,987,920 | 000,000 | 000,000 | - |
| Scope 3 | 3,034,590 | 0,000,000 | 0,000,000 | 00,000,000 |
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 participating in any of the initiatives that 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.
