K&H Bank, a prominent financial institution headquartered in Hungary (HU), has been a key player in the banking sector since its establishment in 1987. With a strong presence across Central and Eastern Europe, K&H Bank offers a comprehensive range of services, including retail banking, corporate finance, and investment solutions. Renowned for its innovative approach, K&H Bank has consistently introduced unique products tailored to meet the diverse needs of its clients. The bank's commitment to customer satisfaction and digital transformation has solidified its position as a market leader in Hungary. Notable achievements include its recognition for excellence in customer service and sustainable banking practices, reflecting K&H Bank's dedication to both its clients and the community. With a focus on growth and innovation, K&H Bank continues to shape the future of banking in the region.
How does K&H'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.
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.
K&H's score of 6 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, K&H reported total carbon emissions of approximately 465,255,159,250 kg CO2e. This figure includes Scope 1 emissions of about 2,928,000 kg CO2e, Scope 2 emissions of approximately 237,000 kg CO2e, and Scope 3 emissions totalling around 2,388,000 kg CO2e. While K&H has not disclosed specific reduction targets or initiatives, the company is actively engaged in monitoring and reporting its emissions across all scopes. The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context. K&H's headquarters is located in Hungary (HU), and the company is part of a broader movement towards sustainability in the financial sector, particularly in relation to carbon-intensive industries such as aluminium, steel, and cement.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2008 | 2023 | |
---|---|---|
Scope 1 | 2,519,000 | 0,000,000 |
Scope 2 | 2,226,000 | 000,000 |
Scope 3 | 3,043,000 | 0,000,000 |
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.
K&H 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.