OESTERREICHISCHE NATIONALBANK

Oesterreichische Nationalbank (OeNB), headquartered in Austria and operating within financial intermediation services (excluding insurance and pension funding), has outlined significant climate commitments and reported on its carbon emissions.

For the year 2024, OeNB reported a total of approximately 157,235,000 kg CO2e. This figure primarily comprises Scope 3 emissions, which were around 140,000,000,000 kg CO2e. Scope 1 and Scope 2 data were not explicitly provided for this year, though upstream categories for Scope 3 were disclosed.

In 2023, the total emissions were approximately 2,492,421,000 kg CO2e, with Scope 3 emissions totalling approximately 12,000,000,000 kg CO2e.

For 2022, OeNB recorded total emissions of approximately 3,026,569,000 kg CO2e, with Scope 3 emissions at approximately 13,000,000,000 kg CO2e.

Earlier reporting for 2021 shows Scope 1 emissions at approximately 77,700 kg CO2e, Scope 2 emissions at approximately 1,365,700 kg CO2e, and Scope 3 emissions at approximately 70,400 kg CO2e. In 2020, Scope 1 emissions were approximately 72,300 kg CO2e, Scope 2 emissions were approximately 1,556,100 kg CO2e, and Scope 3 emissions were approximately 312,600 kg CO2e.

OeNB has established several key reduction targets:

• Climate Neutrality by 2040: The bank committed in 2021 to achieving CO2 neutrality by 2040, covering all scopes.
• Near-Zero Scope 1 Emissions by 2025: OeNB aims to reduce its Scope 1 emissions to near zero by 2025.
• Near-Zero Scope 2 Emissions by 2025: Similarly, the bank aims to reduce its Scope 2 emissions to near zero by 2025.

Additionally, OeNB references the broader European goal of becoming the world's first climate-neutral continent by 2050. The organisation's emissions data is not cascaded from a parent organisation, and it has not set SBTi reduction targets.