Raiffeisen Bank Sustainability Profile
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 67% 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. 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. Raiffeisen Bank has not disclosed specific reduction targets or initiatives, as there are no SBTi (Science Based Targets initiative) reduction targets or climate pledges reported. The bank's emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. Overall, Raiffeisen Bank's emissions profile highlights the significant impact of its investment activities on its overall carbon footprint, particularly within Scope 3 emissions. The absence of formal reduction commitments suggests an opportunity for the bank to enhance its climate strategy moving forward.
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 |
How Carbon Intensive is Raiffeisen Bank's Industry?
How Carbon Intensive is Raiffeisen Bank's Location?
Raiffeisen Bank's Scope 3 Categories Breakdown
Raiffeisen Bank's Scope 3 emissions, which increased significantly last year and increased significantly since 2011, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Raiffeisen 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.
Raiffeisen 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.
