Raiffeisen Bank Sustainability Profile
Raiffeisen Bank S.A., a prominent player in the Romanian banking sector, is headquartered in Bucharest, Romania. Established in 1998, the bank has rapidly evolved, becoming a key provider of financial services across the country and in Central and Eastern Europe. Specialising in retail and corporate banking, Raiffeisen Bank offers a diverse range of products, including personal loans, mortgages, and business financing solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive market. With a strong market position, Raiffeisen Bank has garnered numerous accolades for its service quality and operational excellence, solidifying its reputation as a trusted financial partner in Romania.
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 57 is higher than 74% 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 S.A., headquartered in Romania, reported total carbon emissions of approximately 1.95 trillion kg CO2e. This figure includes Scope 1 emissions of about 3.6 million kg CO2e, Scope 2 emissions of approximately 1.2 million kg CO2e, and a significant Scope 3 contribution of about 1.95 trillion kg CO2e. The bank has set ambitious reduction targets, aiming for a 35% reduction in both Scope 1 and Scope 2 emissions by 2025, with a target value of 86.326 tonnes CO2e. These targets are part of their broader commitment to sustainability and climate action, inherited from their parent company, Raiffeisen Bank International AG. In previous years, Raiffeisen Bank has demonstrated a commitment to reducing its carbon footprint, with total emissions recorded at approximately 4.98 million kg CO2e in 2023 and 5.39 million kg CO2e in 2022. The bank's emissions data reflects a focus on transparency and accountability in its environmental impact, aligning with industry standards for climate reporting. Overall, Raiffeisen Bank's climate commitments and reduction initiatives underscore its dedication to addressing climate change and minimising its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,696,000 | 0,000,000 | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | 57,613,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 42,535,000 | 00,000,000 | - | 0,000,000 | - | - |
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 decreased by 95% last year and decreased by approximately 95% since 2018, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 40% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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 established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
