Porsche Bank
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 47 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Porsche Bank's reported carbon emissions
In 2023, Porsche Bank reported total carbon emissions of approximately 668,230 kg CO2e, comprising 201,980 kg CO2e from Scope 1, 110,580 kg CO2e from Scope 2, and 355,670 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions primarily stem from purchased goods and services, accounting for about 130,500 kg CO2e. Porsche Bank is committed to achieving carbon neutrality by 2050, as part of the Volkswagen Group's long-term climate strategy. This commitment encompasses both Scope 1 and Scope 2 emissions, aiming for significant reductions in their operational carbon footprint. The bank's initiatives align with industry standards for climate action, reflecting a proactive approach to sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 266,400 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 225,800 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 40,600.13 | 000,000 | 000,000 | 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 participating in any of the initiatives that 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.
