Hellenic Bank
Hellenic Bank, a prominent financial institution headquartered in Cyprus (CY), has been a cornerstone of the banking industry since its establishment in 1976. With a strong presence across the island and a commitment to serving both retail and corporate clients, Hellenic Bank has carved out a significant market position in the Cypriot banking sector. The bank offers a diverse range of core products and services, including personal banking, business loans, and investment solutions, distinguished by their customer-centric approach and innovative digital banking platforms. Over the years, Hellenic Bank has achieved notable milestones, including its successful transition to a publicly listed company, enhancing its reputation for stability and reliability. With a focus on sustainable growth and community support, Hellenic Bank continues to play a vital role in the economic landscape of Cyprus.
DitchCarbon Score
How does Hellenic Bank'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
Hellenic Bank's score of 13 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hellenic Bank's reported carbon emissions
In 2023, Hellenic Bank reported total carbon emissions of approximately 11,300,000 kg CO2e, comprising 3,104,000 kg CO2e from Scope 1, 1,137,000 kg CO2e from Scope 2, and 7,553,000 kg CO2e from Scope 3 emissions. This data highlights the bank's ongoing commitment to transparency in its environmental impact. Over the years, Hellenic Bank has demonstrated a significant focus on reducing its carbon footprint. In 2022, the bank's emissions were approximately 15,947,000 kg CO2e, indicating a reduction in total emissions in 2023. The bank's Scope 1 emissions have decreased from 6,818,000 kg CO2e in 2022 to 3,104,000 kg CO2e in 2023, showcasing a substantial effort in managing direct emissions. Despite the lack of specific reduction targets or initiatives disclosed, Hellenic Bank's commitment to addressing climate change is evident through its comprehensive emissions reporting. The bank continues to monitor and manage its carbon emissions, aligning with industry standards for climate accountability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 67,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 13,143,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 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.
Hellenic Bank 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.
