Oberbank
Oberbank AG, a prominent financial institution headquartered in Austria, has established itself as a key player in the banking industry since its founding in 1991. With a strong presence in the regions of Upper Austria, Lower Austria, and Salzburg, Oberbank offers a comprehensive range of banking services tailored to both individual and corporate clients. Specialising in retail banking, corporate finance, and investment services, Oberbank is recognised for its customer-centric approach and innovative financial solutions. The bank's commitment to sustainability and regional development sets it apart in a competitive market. Notable achievements include consistent growth in customer satisfaction and a robust market position within the Austrian banking sector. Oberbank continues to evolve, adapting to the changing financial landscape while maintaining its core values of trust and reliability.
DitchCarbon Score
How does Oberbank'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
Oberbank's score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oberbank's reported carbon emissions
In 2023, Oberbank reported total carbon emissions of approximately 6,336,059,000 kg CO2e. This figure includes Scope 1 emissions of about 1,495,000 kg CO2e, Scope 2 emissions of approximately 2,734,000 kg CO2e (market-based), and significant Scope 3 emissions, notably from employee commuting (about 1,551,000 kg CO2e) and business travel (approximately 428,000 kg CO2e). Comparatively, in 2022, Oberbank's total emissions were the same at approximately 6,336,059,000 kg CO2e, with Scope 1 emissions slightly lower at about 1,410,000 kg CO2e and Scope 2 emissions at approximately 2,744,000 kg CO2e (market-based). The Scope 3 emissions in 2022 were significantly higher, primarily due to franchises, which accounted for about 6,331,502,000 kg CO2e. Oberbank has made commitments towards climate action, although their near-term target status has been marked as "Commitment removed," indicating an expired commitment. However, they have a new near-term target status classified as "Committed" as of January 2023. Despite these commitments, there are currently no net-zero targets established. Overall, Oberbank's emissions data highlights the significant impact of their operations, particularly in Scope 3 emissions, and underscores the need for ongoing climate commitments and reduction strategies in the financial sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000 |
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.
Oberbank 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.
