Raiffeisen Bank
Raiffeisen Bank International AG, commonly referred to as Raiffeisen Bank, is a prominent financial institution headquartered in Australia, with significant operations across Central and Eastern Europe. Established in the early 20th century, the bank has evolved to become a key player in the banking industry, focusing on retail and corporate banking services. Raiffeisen Bank offers a diverse range of products, including personal loans, mortgages, and business financing, distinguished by their customer-centric approach and innovative digital solutions. The bank's commitment to sustainability and community development further enhances its reputation in the market. With a strong market position, Raiffeisen Bank has achieved notable milestones, including numerous awards for excellence in customer service and financial performance. Its strategic focus on expanding its footprint in emerging markets underscores its ambition to remain a leader in the banking sector.
DitchCarbon Score
How does Raiffeisen 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
Raiffeisen Bank's score of 24 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Raiffeisen Bank's reported carbon emissions
In 2024, Raiffeisen Bank reported total carbon emissions of approximately 32,133,666,000 kg CO2e. This figure includes Scope 1 emissions of about 9,375,000 kg CO2e, Scope 2 emissions of approximately 23,419,000 kg CO2e (market-based), and a significant Scope 3 total of around 32,100,872,000 kg CO2e. The Scope 3 emissions are primarily driven by investments, which account for about 31,992,997,000 kg CO2e, alongside other categories such as employee commute and business travel. In 2022, the bank's total emissions were reported at approximately 70,827,000 kg CO2e, with Scope 1 emissions of about 6,060,000 kg CO2e, Scope 2 emissions of approximately 40,212,000 kg CO2e (market-based), and Scope 3 emissions of around 29,656,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2024. Raiffeisen Bank has not disclosed specific reduction targets or initiatives, as there are no documented SBTi (Science Based Targets initiative) reduction targets or climate pledges. The absence of reduction commitments suggests a need for further action in aligning with industry standards for climate accountability. Overall, Raiffeisen Bank's emissions data reflects a significant carbon footprint, particularly in Scope 3 emissions, highlighting the importance of developing comprehensive strategies to mitigate climate impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,623,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 74,648,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 54,788,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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.
Raiffeisen 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.
