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Hypo Noe Landesbank, also known as Hypo Noe, is a prominent financial institution headquartered in Austria, specifically in St. Pölten. Established in 1888, the bank has evolved to become a key player in the financial intermediation services sector, excluding insurance and pension funding services. With a strong presence in the Austrian market, Hypo Noe focuses on providing a range of services, including corporate financing, real estate financing, and public sector financing.
The bank is recognised for its commitment to customer-centric solutions and innovative financial products tailored to meet the diverse needs of its clients. Hypo Noe Landesbank has achieved notable milestones, reinforcing its market position as a reliable partner for businesses and municipalities alike. With a legacy of over a century, Hypo Noe continues to uphold its reputation for excellence in the financial services industry.
-7 vs industry average
Hypo Noe Landesbank’s score of 30 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Hypo Noe Landesbank: Climate Commitments and Carbon Emissions
Hypo Noe Landesbank, an Austrian financial intermediation services provider, is actively reporting its carbon emissions. In 2023, the bank's Scope 1 emissions were 177.45 kg CO2e, with Scope 2 (purchased heat) at 134.79 kg CO2e, and Scope 3 (business travel) at 26.35 kg CO2e. These figures represent a decrease from 2022, where Scope 1 emissions were 195.92 kg CO2e, Scope 2 (purchased heat) was 152.55 kg CO2e, and Scope 3 (business travel) was 21.79 kg CO2e.
Looking further back, in 2021, Hypo Noe Landesbank reported approximately 359,039 kg CO2e in total emissions, comprising about 172,435 kg CO2e from Scope 1, around 172,972 kg CO2e from Scope 2 (purchased heat), and approximately 13,632 kg CO2e from Scope 3. The bank's 2020 emissions totalled approximately 407,075 kg CO2e, with Scope 1 at about 259,657 kg CO2e, Scope 2 (purchased heat) at around 129,762 kg CO2e, and Scope 3 at approximately 17,656 kg CO2e.
In 2019, Hypo Noe Landesbank's total emissions were about 606,269 kg CO2e, including roughly 386,654 kg CO2e from Scope 1, about 174,233 kg CO2e from Scope 2 (purchased heat), and approximately 45,382 kg CO2e from Scope 3. The earliest data available, from 2018, shows total emissions of approximately 779,755 kg CO2e, with around 469,402 kg CO2e from Scope 1, about 247,688 kg CO2e from Scope 2 (purchased heat), and approximately 62,665 kg CO2e from Scope 3. It should be noted that certain Scope 3 categories, such as purchased goods and services, are missing from the disclosed data across all reported years.
The emissions data for Hypo Noe Landesbank are cascaded from its current subsidiary relationship with HYPO NOE Landesbank für Niederösterreich und Wien AG.
No climate goals have been disclosed for Hypo Noe Landesbank yet.
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