Porsche Bank Sustainability Profile
Porsche Bank GmbH, commonly referred to as Porsche Bank, is a prominent financial institution headquartered in Austria (AT). Established in 1989, the bank has carved a niche in the automotive finance sector, primarily serving customers in Austria and Central and Eastern Europe. Specialising in automotive financing, leasing, and insurance solutions, Porsche Bank stands out for its tailored financial products designed specifically for Porsche and other premium vehicle owners. The bank's commitment to innovation and customer service has solidified its position as a leader in the automotive finance industry. With a focus on providing unique financing options and a seamless customer experience, Porsche Bank continues to achieve notable milestones, reinforcing its reputation as a trusted partner for automotive enthusiasts and businesses alike.
DitchCarbon Score
How does Porsche Bank'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
Porsche Bank's score of 45 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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In 2022, Porsche Bank, headquartered in Austria (AT), reported carbon emissions of approximately 83,240 kg CO2e, specifically from Scope 1 emissions related to mobile combustion. This data is cascaded from its parent company, Porsche Bank Aktiengesellschaft, which is part of the corporate family under Porsche Holding Gesellschaft m.b.H. Porsche Bank has not disclosed any specific reduction targets or initiatives in its sustainability report. The absence of documented reduction initiatives suggests a need for further commitment to climate action. The bank's emissions data is part of a broader context where the automotive finance sector is increasingly pressured to address climate change and reduce carbon footprints. Overall, while Porsche Bank has made some disclosures regarding its emissions, it currently lacks defined reduction targets or significant climate commitments, indicating an area for potential improvement in its sustainability strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 56,862 | 00,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,342 | 0,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 58,491 | 00,000 | 00,000 | - | - | - |
How Carbon Intensive is Porsche Bank's Industry?
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Porsche Bank'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.
Porsche Bank 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.
