Komerční banka

Sustainability Report and Carbon Intensity Rankings

Is Komerční banka doing their part?

Their DitchCarbon score is 40

Komerční banka has a DitchCarbon Score of 40 out of 100, indicating moderate performance in sustainability efforts. This score reflects the company’s current carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would denote a lower carbon intensity and a stronger commitment to environmental sustainability.

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

Komerční banka 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

Komerční banka is situated in the Czech Republic, a region with a very high carbon intensity rating. This suggests that the company’s operations may be influenced by the country’s high carbon emissions, potentially impacting its sustainability efforts.
10.83%

...this company is doing 10.83% worse in emissions than the industry average.

Founded in 1990 and headquartered in Prague, Komerční banka is a prominent player in the Czech Republic’s finance sector and a key institution in Central and Eastern Europe. As a subsidiary of the Société Générale Group, it operates as a universal bank offering comprehensive services in retail, corporate, and investment banking. Komerční banka serves a diverse clientele, ranging from individuals to top corporations, through an extensive branch network, direct banking channels, and a suite of specialized financial services including pension funds, insurance, and consumer lending.

emission intelligence's platform recommendations for Komerční banka

Komerční banka should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.

Good news, Komerční Banka has set SBTi climate action goals

Komerční banka has established targets to significantly reduce their greenhouse gas emissions from both direct operations and purchased energy. These targets align with the ambitious goal of limiting global warming to 1.5°C, reflecting a strong commitment to environmental sustainability.
Participating

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1. Reputation and Brand Image

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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