Public Profile

National Bank of Greece

The National Bank of Greece (NBG), a prominent financial institution, is headquartered in Athens, Greece (GR). Established in 1841, NBG has played a pivotal role in the Greek banking sector, offering a wide range of services including retail banking, corporate banking, and investment solutions. With a strong presence across Greece and significant operations in Southeast Europe, NBG has established itself as a leader in the industry. NBG's core products encompass personal loans, mortgages, and business financing, distinguished by their customer-centric approach and innovative digital banking solutions. The bank has achieved notable milestones, including its pivotal role in the Greek economy and its commitment to sustainable banking practices. As a key player in the financial landscape, NBG continues to adapt and thrive, maintaining a strong market position while serving millions of customers.

DitchCarbon Score

How does National Bank of Greece'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.

6

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.

13

Industry Benchmark

National Bank of Greece's score of 6 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

National Bank of Greece's reported carbon emissions

In 2022, the National Bank of Greece (NBG) reported total carbon emissions of approximately 43,690,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions were about 2,742,000 kg CO2e, primarily from mobile and stationary combustion, while Scope 2 emissions totalled approximately 15,143,000 kg CO2e, mainly from purchased electricity. Scope 3 emissions accounted for around 43,690,000 kg CO2e, with significant contributions from business travel and purchased goods and services. Over the years, NBG has shown fluctuations in its emissions. For instance, in 2021, total emissions were about 33,164,000 kg CO2e, indicating a rise in 2022. The bank has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for clearer climate action strategies. Overall, while NBG has made strides in tracking its emissions across all scopes, the absence of defined reduction targets highlights an opportunity for the bank to enhance its climate commitments and align with industry standards for sustainability.

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Add to project
2019202020212022
Scope 1
2,922,050
0,000,000
0,000,000
0,000,000
Scope 2
52,218,860
00,000,000
000,000
0,000
Scope 3
146,770
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. National Bank of Greece's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. National Bank of Greece is headquartered in GR, which has a rank of medium, indicating medium grid carbon 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.

National Bank of Greece 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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