Hellenic Bank
Hellenic Bank, a prominent financial institution headquartered in Cyprus (CY), has been a cornerstone of the banking industry since its establishment in 1976. With a strong presence across the island and a commitment to serving both retail and corporate clients, Hellenic Bank has carved out a significant market position in the Cypriot banking sector. The bank offers a diverse range of core products and services, including personal banking, business loans, and investment solutions, distinguished by their customer-centric approach and innovative digital banking platforms. Over the years, Hellenic Bank has achieved notable milestones, including its successful transition to a publicly listed company, enhancing its reputation for stability and reliability. With a focus on sustainable growth and community support, Hellenic Bank continues to play a vital role in the economic landscape of Cyprus.
DitchCarbon Score
How does Hellenic Bank'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
Hellenic Bank's score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hellenic Bank's reported carbon emissions
In 2023, Hellenic Bank reported total carbon emissions of approximately 14,843 kg CO2e, with Scope 1 emissions accounting for about 1,102 kg CO2e and Scope 2 emissions at approximately 6,188 kg CO2e. The bank's Scope 3 emissions were reported at about 7,553 kg CO2e, primarily from employee commuting and purchased goods and services. Hellenic Bank has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by more than 30% by 2030 through energy optimisation and innovative greenhouse gas (GHG) reduction technologies. Additionally, the bank has pledged to achieve carbon neutrality across all scopes by 2050, contributing to global efforts to mitigate climate change. The emissions data for Hellenic Bank is cascaded from its parent company, Hellenic Bank Public Company Limited, which provides a comprehensive view of the bank's environmental impact and commitments. The bank's initiatives align with industry standards and reflect a proactive approach to sustainability and climate responsibility.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 67,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
| Scope 2 | 13,143,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Hellenic Bank 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.
