HPB Sustainability Profile
HPB, or Hrvatska Pošta Banka, is a prominent financial institution headquartered in Croatia (HR). Established in 2005, HPB has rapidly evolved to become a key player in the banking sector, primarily serving retail and corporate clients across the region. With a strong focus on innovative banking solutions, HPB offers a diverse range of products, including personal and business loans, savings accounts, and investment services. What sets HPB apart is its commitment to customer-centric services and digital banking advancements, ensuring a seamless experience for its clients. The bank has achieved significant milestones, including expanding its network of branches and enhancing its online banking platform. As a trusted financial partner, HPB continues to strengthen its market position, contributing to the economic growth of Croatia and beyond.
DitchCarbon Score
How does HPB'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
HPB's score of 50 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HPB's reported carbon emissions
In 2024, Hrvatska poštanska banka (HPB) reported total carbon emissions of approximately 963.0 million kg CO2e. This figure includes Scope 1 emissions of about 762,280 kg CO2e, Scope 2 emissions of approximately 706,390 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 961.6 million kg CO2e. The Scope 3 emissions primarily stem from investments, accounting for about 957.9 million kg CO2e. HPB's emissions data reflects a commitment to transparency, with disclosures covering all three scopes of emissions. However, the bank has not set specific reduction targets or initiatives as part of its climate strategy, nor does it participate in the Science Based Targets initiative (SBTi). In comparison, the previous year's emissions in 2023 were approximately 800.8 million kg CO2e, indicating a rise in total emissions. This increase highlights the ongoing challenges in managing carbon footprints within the banking sector, particularly in relation to Scope 3 emissions, which often represent the largest share of total emissions for financial institutions. HPB's headquarters is located in Croatia (HR), and while it has not inherited emissions data from a parent company, it remains committed to addressing its environmental impact through ongoing monitoring and reporting.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 457,110 | 000,000 | 000,000 |
| Scope 2 | 685,260 | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is HPB's Industry?
How Carbon Intensive is HPB's Location?
HPB's Scope 3 Categories Breakdown
HPB's Scope 3 emissions, which increased by 20% last year and increased by approximately 20% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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HPB's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
HPB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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