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.
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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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.
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.
Access structured emissions data, company-specific emission factors, and source documents
2020 | |
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Scope 1 | 2,507,490 |
Scope 2 | 1,987,920 |
Scope 3 | 3,034,590 |
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.