Oesterreichische Kontrollbank Sustainability Profile
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.
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
Oesterreichische Kontrollbank's score of 51 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oesterreichische Kontrollbank's reported carbon emissions
In 2024, Oesterreichische Kontrollbank (OeKB) reported total emissions of approximately 436,000 kg CO2e, comprising 13,000 kg CO2e from Scope 1 and 423,000 kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of about 450,000 kg CO2e, with Scope 1 emissions at 18,000 kg CO2e and Scope 2 emissions at 432,000 kg CO2e. Notably, OeKB has set ambitious reduction targets, aiming for a 45% decrease in both Scope 1 and Scope 2 emissions by 2030, compared to 2010 levels. The bank has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from energy consumption. OeKB's commitment to sustainability is reflected in its ongoing efforts to monitor and reduce its carbon footprint, aligning with industry standards for climate action.
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| 2000 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 696,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | -8,000 | 00,000 | 000,000 | 00,000 | 000,000 | 000,000 | 00,000 | 00,000 |
| Scope 3 | 192,660 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - | - |
How Carbon Intensive is Oesterreichische Kontrollbank's Industry?
How Carbon Intensive is Oesterreichische Kontrollbank's Location?
Oesterreichische Kontrollbank's Scope 3 Categories Breakdown
Oesterreichische Kontrollbank's Scope 3 emissions, which increased by 783% last year and increased by approximately 360% since 2000, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 72% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 13% of Scope 3 emissions.
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Oesterreichische Kontrollbank'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.
Oesterreichische Kontrollbank 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.
