Hypo Noe Landesbank
Hypo Noe Landesbank, officially known as Hypo Noe Landesbank für Niederösterreich und Wien, is a prominent financial institution headquartered in Austria. Established in 1888, the bank has a rich history of serving the regions of Lower Austria and Vienna, focusing on providing comprehensive banking solutions tailored to local needs. Operating primarily in the banking and finance industry, Hypo Noe Landesbank offers a diverse range of services, including corporate banking, retail banking, and real estate financing. Its commitment to customer-centric solutions and innovative financial products sets it apart in a competitive market. With a strong market position, Hypo Noe Landesbank has achieved notable milestones, including recognition for its sustainable financing initiatives. The bank continues to play a vital role in supporting economic development within its operational regions, making it a key player in Austria's financial landscape.
DitchCarbon Score
How does Hypo Noe Landesbank'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
Hypo Noe Landesbank's score of 11 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hypo Noe Landesbank's reported carbon emissions
In 2023, Hypo Noe Landesbank reported total carbon emissions of approximately 28,120,000 kg CO2e for Scope 1, 12,886,000 kg CO2e for Scope 2, and 15,598,000 kg CO2e for Scope 3 emissions. This data highlights the bank's ongoing commitment to tracking and managing its carbon footprint across all scopes of emissions. In 2022, the bank's emissions were approximately 14,640,000 kg CO2e for Scope 1 and 9,083,000 kg CO2e for Scope 2, indicating a significant increase in emissions in 2023. The Scope 3 emissions, which include purchased goods and services, were reported at about 7,856,000 kg CO2e. Hypo Noe Landesbank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank continues to monitor its emissions intensity, reporting an average CO2 emissions intensity of 0.02501 kg CO2e per EUR million of financing in 2023, compared to 0.01761 kg CO2e per EUR million in 2022. This suggests a focus on improving efficiency in its financing activities. Overall, while the bank has made strides in emissions reporting, further clarity on reduction targets and initiatives would enhance its climate commitment profile.
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Add to project| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 19,536,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 9,754,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 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.
Hypo Noe Landesbank 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.
