Siauliu Bankas
Šiaulių Bankas, a prominent financial institution based in Lithuania, has been serving customers since its establishment in 1992. With its headquarters located in Šiauliai, the bank operates extensively across the Baltic region, focusing on retail and corporate banking services. Šiaulių Bankas offers a diverse range of products, including personal and business loans, savings accounts, and investment services, distinguished by their customer-centric approach and innovative digital solutions. Over the years, the bank has achieved significant milestones, solidifying its position as a key player in the Lithuanian banking sector. Recognised for its commitment to quality service and financial stability, Šiaulių Bankas continues to enhance its market presence, catering to the evolving needs of its clients while contributing to the economic growth of the region.
DitchCarbon Score
How does Siauliu Bankas'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
Siauliu Bankas's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Siauliu Bankas's reported carbon emissions
In 2022, Šiaulių Bankas reported total carbon emissions of approximately 11,475,370 kg CO2e, with emissions distributed across all three scopes: 30,130 kg CO2e (Scope 1), 2,782,120 kg CO2e (Scope 2), and 11,475,370 kg CO2e (Scope 3). This marked a slight increase in emissions compared to 2021, where total emissions were about 7,302,500 kg CO2e, with Scope 1 at 28,910 kg CO2e and Scope 2 at 3,222,420 kg CO2e. The bank has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which underscores the bank's dedication to reducing its carbon footprint across all scopes. The bank's near-term targets are currently classified as "Committed," indicating a proactive approach to climate action. Šiaulių Bankas's emissions per full-time equivalent (FTE) were approximately 4,820.4 kg CO2e in 2022, reflecting the bank's operational efficiency in managing its carbon output relative to its workforce. The bank's ongoing efforts to monitor and reduce emissions demonstrate its commitment to sustainability within the financial sector in Lithuania.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 971,700 | 00,000 | 00,000 |
| Scope 2 | 3,455,900 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,494,900 | 0,000,000 | 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.
Siauliu Bankas is committed to some 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.
