Hellenic Bank
Sustainability Report and Carbon Intensity Rankings
Is Hellenic Bank doing their part?
Their DitchCarbon score is 45
Hellenic Bank has a DitchCarbon Score of 45 out of 100, indicating moderate performance in sustainability practices. This score reflects the bank’s current carbon intensity, suggesting there is significant room for improvement in reducing emissions. The bank’s efforts towards sustainability are underway but not yet among the leaders in minimizing carbon intensity.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Hellenic Bank operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Hellenic Bank operates in Cyprus, which has a high carbon intensity rating. This suggests that the bank’s sustainability efforts may be challenged by the country’s overall high reliance on carbon-intensive energy sources.
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Hellenic Bank
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
5.83%
...this company is doing 5.83% worse in emissions than the industry average.
Founded in 1976, Hellenic Bank is a prominent financial institution based in Strovolos, Cyprus, operating within the finance sector. As a systemic bank listed on the Cyprus stock exchange, it plays a pivotal role in financing the recovery and transformation of the island’s economy. Hellenic Bank offers a range of services, leveraging its strong international shareholder base and commitment to technological innovation to address challenges and lead in banking digitalization.
Good news, Hellenic Bank has set science-based climate targets
Hellenic Bank has established targets to significantly reduce its greenhouse gas emissions from company operations, aligning with the ambitious goal of limiting global warming to 1.5°C. These targets encompass both direct emissions and indirect emissions from purchased energy, demonstrating the bank’s commitment to environmental sustainability.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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