Oberbank
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.
DitchCarbon Score
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.
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
Oberbank's score of 31 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oberbank's reported carbon emissions
In 2023, Oberbank reported total carbon emissions of approximately 6,336,059,000 kg CO2e. This figure includes Scope 1 emissions of about 1,495,000 kg CO2e, Scope 2 emissions of approximately 1,234,000 kg CO2e (market-based), and significant Scope 3 emissions, with business travel contributing around 428,000 kg CO2e and employee commuting accounting for about 1,551,000 kg CO2e. The combined Scope 1 and 2 emissions totalled approximately 2,729,000 kg CO2e (market-based). In 2022, Oberbank's emissions were slightly lower, with total emissions of about 6,757,112,000 kg CO2e, including Scope 1 emissions of approximately 1,410,000 kg CO2e and Scope 2 emissions of around 1,334,000 kg CO2e (market-based). The Scope 3 emissions for that year included about 281,000 kg CO2e from business travel and approximately 1,532,000 kg CO2e from employee commuting. Oberbank has made commitments towards climate action, although their near-term target status has been marked as "Commitment removed," indicating an expired commitment. They are currently classified as a financial institution without a net-zero commitment. However, they have a near-term target status of "Committed" as of January 2023, reflecting ongoing efforts to address their carbon footprint. The emissions data is not cascaded from any parent organization, and all figures are reported directly from Oberbank AG. The bank operates within the banking and diverse financials sector in Austria, contributing to the broader climate initiatives in Europe.
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| 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 | 0,000,000 |
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.
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.
