Hellenic Financial Stability Fund
The Hellenic Financial Stability Fund (HFSF), headquartered in Greece (GR), plays a pivotal role in the financial sector, focusing on the stability and resilience of the Greek banking system. Established in 2010, the Fund was created in response to the financial crisis, aiming to safeguard public interest and ensure the smooth functioning of financial institutions. Operating primarily within Greece, the HFSF is instrumental in managing state investments in banks, providing capital support, and facilitating the restructuring of financial entities. Its core services include the oversight of bank recapitalisations and the implementation of strategic plans to enhance financial stability. Recognised for its significant contributions to the recovery of the Greek economy, the HFSF has successfully navigated complex challenges, positioning itself as a key player in the banking industry and contributing to the overall economic stability of the region.
DitchCarbon Score
How does Hellenic Financial Stability Fund'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 Financial Stability Fund's score of 33 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hellenic Financial Stability Fund's reported carbon emissions
In 2023, the Hellenic Financial Stability Fund (HFSF) reported total carbon emissions of approximately 74,490 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 5,240 kg CO2e, while Scope 2 emissions accounted for approximately 46,450 kg CO2e. Scope 3 emissions were significant, totalling around 74,490 kg CO2e, with notable contributions from business travel (27,850 kg CO2e) and employee commuting (14,080 kg CO2e). In 2022, HFSF's total emissions were approximately 60,220 kg CO2e, with Scope 1 emissions at about 4,250 kg CO2e and Scope 2 emissions at approximately 51,420 kg CO2e. The Scope 3 emissions for that year were around 60,220 kg CO2e, indicating a trend of increasing emissions over the years. For 2021, the total emissions were reported at approximately 94,150 kg CO2e, with Scope 1 emissions of about 1,860 kg CO2e and Scope 2 emissions of approximately 52,360 kg CO2e. Scope 3 emissions were around 39,930 kg CO2e. Despite the detailed emissions reporting, HFSF has not established specific reduction targets or climate pledges, indicating a potential area for future commitment. The organisation's emissions intensity metrics, such as Scope 2 emissions intensity at 34.9 kg CO2e per m² in 2023, reflect its operational impact but also highlight the need for strategic initiatives to mitigate climate impact.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,860 | 0,000 | 0,000 |
| Scope 2 | 52,360 | 00,000 | 00,000 |
| Scope 3 | 39,930 | 00,000 | 00,000 |
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 Financial Stability Fund 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.
