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DE
updated 15 days ago

Sparkassen-Finanzgruppe Hessen-Thüringen

Company website

Sparkassen-Finanzgruppe Hessen-Thüringen, a prominent player in the German banking sector, is headquartered in Germany and primarily operates in the regions of Hesse and Thuringia. Established in the early 19th century, this financial group has evolved significantly, marking key milestones in its commitment to community banking and customer service. Specialising in retail banking, Sparkassen-Finanzgruppe offers a diverse range of services, including savings accounts, loans, and investment products, all tailored to meet the unique needs of its clientele. What sets them apart is their strong focus on local engagement and sustainable finance, fostering economic growth within their communities. With a solid market position, Sparkassen-Finanzgruppe Hessen-Thüringen is recognised for its customer-centric approach and innovative financial solutions, making it a trusted partner for individuals and businesses alike in the competitive banking landscape.

DitchCarbon Score

How does Sparkassen-Finanzgruppe Hessen-Thüringen'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.

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Industry Average

Mean score of companies in the 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.

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Industry Benchmark

Sparkassen-Finanzgruppe Hessen-Thüringen's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Sparkassen-Finanzgruppe Hessen-Thüringen's reported carbon emissions

In 2020, Sparkassen-Finanzgruppe Hessen-Thüringen reported total carbon emissions of approximately 7,530,000 kg CO2e, which included 2,507,490 kg CO2e from Scope 1, 1,987,920 kg CO2e from Scope 2, and 3,034,590 kg CO2e from Scope 3 emissions. The organisation has set ambitious climate commitments, aiming for a 30% reduction in CO2 emissions by 2025 compared to the average emissions from 2015 to 2019. This target applies to both Scope 1 and Scope 2 emissions, reflecting their commitment to becoming climate-neutral by 2035. The reduction initiatives are designed to conserve resources and protect the environment, with a clear focus on achieving significant emissions reductions in the near term. The organisation's sustainability reports detail these commitments and outline their strategies for reducing emissions intensity across their operations. For further details on their sustainability efforts, refer to their sustainability reports from 2021 and 2023.

Unlock detailed emissions data

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2020
Scope 1
2,507,490
Scope 2
1,987,920
Scope 3
3,034,590

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Sparkassen-Finanzgruppe Hessen-Thüringen's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sparkassen-Finanzgruppe Hessen-Thüringen is in DE, which has a medium grid carbon intensity relative to other regions.

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.

Sparkassen-Finanzgruppe Hessen-Thüringen 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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