Hypo Noe Landesbank
Hypo Noe Landesbank, officially known as Hypo Noe Landesbank für Niederösterreich und Wien, is a prominent financial institution headquartered in Austria. Established in 1888, the bank has a rich history of serving the regions of Lower Austria and Vienna, focusing on providing comprehensive banking solutions tailored to local needs. Operating primarily in the banking and finance industry, Hypo Noe Landesbank offers a diverse range of services, including corporate banking, retail banking, and real estate financing. Its commitment to customer-centric solutions and innovative financial products sets it apart in a competitive market. With a strong market position, Hypo Noe Landesbank has achieved notable milestones, including recognition for its sustainable financing initiatives. The bank continues to play a vital role in supporting economic development within its operational regions, making it a key player in Austria's financial landscape.
DitchCarbon Score
How does Hypo Noe Landesbank'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
Hypo Noe Landesbank's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hypo Noe Landesbank's reported carbon emissions
In 2023, Hypo Noe Landesbank reported an average CO2 emissions intensity of approximately 0.02501 kg CO2e per EUR million of financing. This figure reflects their commitment to understanding and managing their carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2022, the bank's emissions intensity was about 0.01761 kg CO2e per EUR million of financing, indicating a potential focus on reducing emissions relative to revenue. However, there are no documented reduction targets or significant climate pledges available, suggesting that while the bank is tracking emissions intensity, it has not yet established formal commitments to reduce its carbon footprint. The bank's emissions data from previous years, including 2021, 2020, and 2019, also highlight a lack of specific total emissions figures, with only emissions intensity metrics provided. This indicates a need for more comprehensive reporting on their overall carbon emissions and climate commitments. Overall, while Hypo Noe Landesbank is monitoring its emissions intensity, further transparency and commitment to reduction targets would enhance its climate strategy and align it with industry standards.
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.
Hypo Noe Landesbank 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.
