Oberbank AG, a prominent financial institution headquartered in Austria, has established itself as a key player in the banking industry since its founding in 1991. With a strong presence in the regions of Upper Austria, Lower Austria, and Salzburg, Oberbank offers a comprehensive range of banking services tailored to both individual and corporate clients. Specialising in retail banking, corporate finance, and investment services, Oberbank is recognised for its customer-centric approach and innovative financial solutions. The bank's commitment to sustainability and regional development sets it apart in a competitive market. Notable achievements include consistent growth in customer satisfaction and a robust market position within the Austrian banking sector. Oberbank continues to evolve, adapting to the changing financial landscape while maintaining its core values of trust and reliability.
How does Oberbank'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.
Oberbank's score of 46 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Oberbank reported total carbon emissions of approximately 2,794,000 kg CO2e from Scope 1 and 2 emissions combined, with Scope 1 emissions at about 1,495,000 kg CO2e and Scope 2 emissions at approximately 1,234,000 kg CO2e (market-based). Additionally, Scope 3 emissions included about 1,551,000 kg CO2e from employee commuting and 428,000 kg CO2e from business travel. Comparatively, in 2022, Oberbank's total emissions were significantly higher at approximately 6,336,059 kg CO2e, with Scope 1 emissions at about 1,410,000 kg CO2e and Scope 2 emissions (market-based) at approximately 1,334,000 kg CO2e. The majority of their emissions in 2022 stemmed from Scope 3, particularly from franchises, which accounted for about 6,331,502 kg CO2e. Oberbank has committed to near-term climate targets, although specific reduction targets have not been detailed. They are not currently committed to a net-zero target. The bank operates within the financial sector in Austria and is actively working towards improving its sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 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.
Oberbank 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.