HPB
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 44 is higher than 68% 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, HPB reported total carbon emissions of approximately 963,032,770 kg CO2e. This figure includes 762,280 kg CO2e from Scope 1 emissions, 706,390 kg CO2e from Scope 2 emissions, and a significant 961,564,100 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from upstream activities, reflecting the broader impact of the bank's operations. Comparatively, in 2023, HPB's total emissions were about 799,574,210 kg CO2e, with Scope 1 emissions at 649,410 kg CO2e and Scope 2 emissions at 597,050 kg CO2e. The Scope 3 emissions for that year were equivalent to the total emissions, indicating a heavy reliance on indirect emissions sources. Despite these substantial figures, HPB has not publicly committed to specific reduction targets or initiatives, nor do they appear to have cascaded targets from parent or related organisations. The absence of defined climate pledges or SBTi targets suggests that HPB is still in the early stages of formalising its climate commitments. Overall, HPB's emissions profile highlights the significant challenges faced by financial institutions in managing their carbon footprint, particularly in Scope 3 emissions, which often dominate the total emissions landscape.
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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 |
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.
HPB 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.
