National Bank of Greece Sustainability Profile
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.
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
National Bank of Greece's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Bank of Greece's reported carbon emissions
In 2024, the National Bank of Greece (NBG) reported total carbon emissions of approximately 25,262,000,000 kg CO2e. This figure includes 6,397,000,000 kg CO2e from Scope 1 emissions, 916,000,000 kg CO2e from Scope 2 emissions, and a significant 17,949,000,000 kg CO2e from Scope 3 emissions. In 2022, NBG's emissions were notably lower, with total emissions of about 43,690,000 kg CO2e from Scope 3, alongside 2,742,000 kg CO2e from Scope 1 and 15,143,000 kg CO2e from Scope 2 (location-based). The bank's emissions have fluctuated over the years, with 2021 showing total emissions of approximately 49,296,000 kg CO2e and 33,164,000 kg CO2e in 2020. Despite these figures, NBG has not set specific reduction targets or initiatives as part of its climate commitments. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate strategies. Overall, while NBG has made strides in transparency regarding its emissions, it currently lacks defined reduction targets or commitments to mitigate its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,922,050 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
| Scope 2 | 52,218,860 | 00,000,000 | 000,000 | 0,000 | 000,000,000 |
| Scope 3 | 146,770 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
How Carbon Intensive is National Bank of Greece's Industry?
How Carbon Intensive is National Bank of Greece's Location?
National Bank of Greece'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.
National Bank of Greece 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.
