Tatra banka Sustainability Profile
Tatra banka, a prominent financial institution in Slovakia, was founded in 1990 and has since established itself as a leader in the banking sector. Headquartered in Bratislava, the bank operates extensively across the Slovak market, offering a wide range of services tailored to both individual and corporate clients. Specialising in retail and corporate banking, Tatra banka provides innovative products such as personal accounts, loans, and investment services, distinguished by their user-friendly digital platforms. The bank is renowned for its commitment to customer service and technological advancement, making it a preferred choice for many. With a strong market position, Tatra banka has received numerous accolades for its performance and customer satisfaction, solidifying its reputation as a trusted financial partner in Slovakia.
DitchCarbon Score
How does Tatra banka'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
Tatra banka's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tatra banka's reported carbon emissions
In 2023, Tatra banka, headquartered in Slovakia (SK), reported emissions data that is not explicitly quantified in terms of total carbon emissions (kg CO2e). The bank has not disclosed specific figures for Scope 1, 2, or 3 emissions, indicating a lack of detailed emissions reporting. However, it has provided some metrics related to emissions per employee and per square metre of floor area, with emissions calculated at approximately 0.00126 kg CO2e per employee and 0.00009 kg CO2e per square metre of floor area. Tatra banka is a current subsidiary of Raiffeisen Bank International AG, and any climate commitments or reduction targets may be influenced by initiatives from its parent company. However, no specific reduction targets or climate pledges have been disclosed by Tatra banka itself. The absence of significant reduction initiatives or commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Overall, while Tatra banka has provided some emissions metrics, the lack of detailed emissions data and reduction targets highlights an opportunity for the bank to enhance its climate commitments and reporting practices in alignment with industry standards.
How Carbon Intensive is Tatra banka's Industry?
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Tatra banka's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tatra banka has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
