Porsche Bank
Porsche Bank GmbH, a prominent financial institution, is headquartered in Vienna, Austria, and operates extensively across Central and Eastern Europe. Established in 1989, the bank has evolved to specialise in automotive financing, leasing solutions, and insurance services, primarily catering to the needs of Porsche customers and the broader automotive market. With a commitment to innovation, Porsche Bank offers unique products such as tailored financing options and flexible leasing arrangements, setting it apart in the competitive automotive finance sector. The bank has achieved significant milestones, including a strong market position as a trusted partner for both individual and corporate clients. Its dedication to customer satisfaction and financial expertise has solidified its reputation as a leader in automotive banking solutions.
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 35 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Porsche Bank's reported carbon emissions
In 2023, Porsche Bank reported significant carbon emissions, with approximately 65.3 million tonnes CO2e from Scope 1 emissions, which include mobile combustion and fugitive emissions, and about 31.6 million tonnes CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions, primarily from purchased goods and services, accounted for around 2.2 billion tonnes CO2e. Porsche Bank has not specified any formal reduction targets or initiatives in their recent reports. However, they are actively monitoring and reporting their emissions, indicating a commitment to transparency in their climate impact. The average CO2 emissions for new contracts in 2022 were reported at approximately 130 grams CO2/km, reflecting their ongoing efforts to assess and potentially improve the sustainability of their financing activities. Overall, while specific reduction targets are not outlined, Porsche Bank's emissions data and reporting practices suggest a recognition of the importance of addressing climate change within their operations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 266,400 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 225,800 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 40,600.13 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Porsche Bank 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.
