Public Profile

Oesterreichische Kontrollbank

Oesterreichische Kontrollbank AG (OeKB) is a prominent financial institution headquartered in Vienna, Austria (AT). Established in 1946, OeKB plays a vital role in the Austrian economy, primarily focusing on export financing, investment guarantees, and capital market services. With a strong presence in Europe and beyond, the bank supports Austrian businesses in their international ventures. OeKB's core offerings include export credit guarantees, investment insurance, and comprehensive financial services tailored to the needs of exporters. Its unique position as a government-backed institution enhances its credibility and reliability in the market. Over the years, OeKB has achieved significant milestones, solidifying its status as a key player in the financial sector, particularly in export financing. With a commitment to fostering economic growth, OeKB continues to be an essential partner for Austrian enterprises navigating global markets.

DitchCarbon Score

How does Oesterreichische Kontrollbank'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.

41

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

Oesterreichische Kontrollbank's score of 41 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

Oesterreichische Kontrollbank's reported carbon emissions

In 2023, Oesterreichische Kontrollbank reported total carbon emissions of approximately 2,707,500 kg CO2e. This figure includes 17,810 kg CO2e from Scope 1 emissions, which primarily stem from mobile combustion and fugitive emissions. Scope 2 emissions accounted for about 54,200 kg CO2e, while the majority of emissions, approximately 2,635,490 kg CO2e, were classified under Scope 3, which includes significant contributions from business travel and purchased goods and services. Over the years, Oesterreichische Kontrollbank has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 1,247,080 kg CO2e, with Scope 3 emissions being the largest contributor at approximately 1,126,240 kg CO2e. The bank's emissions peaked in 2019 at around 793,330 kg CO2e, indicating a trend of increasing emissions in recent years. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Oesterreichische Kontrollbank, which suggests a need for more robust climate commitments in line with industry standards. The absence of specific reduction initiatives highlights an opportunity for the bank to enhance its sustainability strategy and align with global climate goals.

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Add to project
2000201520162017201820192020202120222023
Scope 1
6,960
0,000
0,000
0,000
00,000
00,000
00,000
00,000
00,000
00,000
Scope 2
285,720
00,000
00,000
00,000
00,000
000,000
000,000
000,000
000,000
00,000
Scope 3
192,660
00,000
00,000
00,000
000,000
000,000
000,000
000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Oesterreichische Kontrollbank'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. Oesterreichische Kontrollbank is headquartered in AT, which has a rank of very low, indicating very low 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.

Oesterreichische Kontrollbank 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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