Eurobank, officially known as Eurobank Ergasias Services and Holdings S.A., is a prominent financial institution headquartered in the United States, with significant operations across Europe and the Balkans. Founded in 1990, Eurobank has established itself as a key player in the banking industry, offering a diverse range of services including retail banking, corporate banking, and investment solutions. The bank is renowned for its innovative digital banking services and customer-centric approach, which set it apart in a competitive market. Eurobank has achieved notable milestones, including strategic acquisitions that have expanded its market presence and enhanced its service offerings. With a strong commitment to sustainability and community development, Eurobank continues to solidify its position as a trusted financial partner in the regions it serves.
How does Eurobank'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.
Eurobank's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Eurobank does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The organisation is classified as a merged entity, inheriting emissions data from its parent company, OFG Bancorp, at a cascade level of 2. However, no specific emissions numbers have been provided. Eurobank has not outlined any specific reduction targets or commitments through the Science Based Targets initiative (SBTi) or other climate initiatives. The absence of documented climate pledges or reduction initiatives suggests that the bank may still be in the early stages of formalising its climate strategy. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction. Eurobank's lack of publicly available emissions data and defined climate commitments may reflect a broader trend within the sector, where financial institutions are under pressure to enhance transparency and accountability regarding their environmental impact.
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.
Eurobank 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.