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ÖB

Sustainability Report and Carbon Intensity Rankings

Is ÖB doing their part?

Their DitchCarbon score is 45

ÖB has a DitchCarbon Score of 45 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.

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

ÖB operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. 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

The company ÖB is located in Austria, which has a very low carbon intensity rating. This favorable environmental performance suggests that ÖB’s operations are likely to have a lower carbon footprint, contributing positively to its sustainability efforts.
5.83%

...this company is doing 5.83% worse in emissions than the industry average.

ÖBAG, founded in 1967 and headquartered in Vienna, operates within the finance sector. The company manages a portfolio of 11 companies that are pivotal to Austria’s economic landscape, including listed entities such as OMV AG, Telekom Austria AG, and Österreichische Post AG. Additionally, ÖBAG oversees the stock market-listed Verbund AG on behalf of the Austrian Federal Ministry of Finance.

Bad news, ÖB hasn't committed to SBTi climate goals yet

The company ÖB has pledged to align its operations with the Science Based Targets initiative (SBTi) to significantly reduce greenhouse gas emissions. This commitment involves setting science-based emissions reduction targets consistent with keeping global warming below 2°C above pre-industrial levels, demonstrating the company’s dedication to sustainable business practices and environmental responsibility.

There’s always room for improvement,

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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

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