Raiffeisen Bank
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 10 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Raiffeisen Bank's reported carbon emissions
In 2023, Raiffeisen Bank reported significant carbon emissions, totalling approximately 44,730,000 kg CO2e. This figure includes 4,473,000 kg CO2e from Scope 1 emissions, 11,636,000 kg CO2e from Scope 2 emissions, and a substantial 25,944,000 kg CO2e from Scope 3 emissions. The bank's emissions have fluctuated over the years, with Scope 1 emissions decreasing from about 421,220 kg CO2e in 2019 to 4,473,000 kg CO2e in 2023, while Scope 2 emissions have also seen variations, peaking at 11,636,000 kg CO2e in 2023. Scope 3 emissions have shown a notable increase, rising from 1,273,000 kg CO2e in 2019 to 25,944,000 kg CO2e in 2023. Despite these figures, Raiffeisen Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its operational impact and highlights the need for ongoing assessment and potential strategies to mitigate its carbon footprint.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 421,220 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,630,680 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,273,000 | 0,000,000 | 000,000 | 000,000 | 00,000,000 |
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 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.
