Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, commonly referred to as RLB OÖ, is a prominent financial institution headquartered in Austria. Established in 1886, the bank has a rich history of serving the Upper Austrian region and has expanded its operations across various sectors, including retail banking, corporate finance, and investment services. RLB OÖ is renowned for its customer-centric approach, offering a diverse range of products such as savings accounts, loans, and investment solutions tailored to meet the needs of individuals and businesses alike. The bank's commitment to innovation and sustainability has positioned it as a leader in the Austrian banking sector, consistently achieving strong market performance and customer satisfaction. With a focus on regional development, RLB OÖ plays a vital role in supporting local economies and fostering community growth.
How does Raiffeisenlandesbank Oberösterreich Aktiengesellschaft'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.
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.
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft's score of 45 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft reported total carbon emissions of approximately 10,255,852,790 kg CO2e. This figure includes Scope 1 emissions of about 66,400,930 kg CO2e, Scope 2 emissions of approximately 10,189,980,180 kg CO2e (with a market-based approach contributing about 3,185,090 kg CO2e), and significant Scope 3 emissions, which total around 6,850,577,290 kg CO2e. The Scope 3 emissions breakdown includes categories such as investments (approximately 6,896,993,690 kg CO2e) and downstream leased assets (about 2,257,635,860 kg CO2e). For 2023, the bank's total emissions were slightly lower at about 10,237,883,540 kg CO2e, with Scope 1 emissions at approximately 66,502,360 kg CO2e and Scope 2 emissions at around 10,172,303,570 kg CO2e. The Scope 3 emissions for this year were also significant, amounting to about 6,896,993,690 kg CO2e. Despite these substantial emissions figures, Raiffeisenlandesbank Oberösterreich 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 is not cascaded from a parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, while the bank has a considerable carbon footprint, it currently lacks defined strategies for emissions reduction or climate action commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 66,502,360 | 00,000,000 |
| Scope 2 | 2,487,040 | 0,000,000 |
| Scope 3 | 10,172,303,590 | 00,000,000,000 |
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.
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft 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.
