Public Profile

Porsche Bank

Porsche Bank GmbH, commonly referred to as Porsche Bank, is a prominent financial institution headquartered in Austria (AT). Established in 1989, the bank has carved a niche in the automotive finance sector, primarily serving customers in Austria and Central and Eastern Europe. Specialising in automotive financing, leasing, and insurance solutions, Porsche Bank stands out for its tailored financial products designed specifically for Porsche and other premium vehicle owners. The bank's commitment to innovation and customer service has solidified its position as a leader in the automotive finance industry. With a focus on providing unique financing options and a seamless customer experience, Porsche Bank continues to achieve notable milestones, reinforcing its reputation as a trusted partner for automotive enthusiasts and businesses alike.

DitchCarbon Score

How does Porsche Bank'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.

33

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Porsche Bank's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

Porsche Bank's reported carbon emissions

In 2023, Porsche Bank reported total carbon emissions of approximately 355,670 kg CO2e, with emissions distributed across various scopes: 201,980 kg CO2e from Scope 1, 110,580 kg CO2e from Scope 2, and 355,670 kg CO2e from Scope 3. This reflects a continued commitment to monitoring and managing their carbon footprint. In 2022, the bank's total emissions were about 261,420 kg CO2e, with Scope 1 emissions at 173,810 kg CO2e and Scope 2 at 87,600 kg CO2e. The previous year, 2021, saw total emissions of approximately 462,260 kg CO2e, with Scope 1 emissions at 180,750 kg CO2e and Scope 2 at 71,480 kg CO2e. This indicates a significant reduction in emissions over the years, showcasing Porsche Bank's efforts towards sustainability. Porsche Bank has not specified any formal reduction targets or initiatives in their climate commitments, but they continue to report on their emissions and strive for improvements in their operational practices. The average CO2 emissions for new contracts in 2022 were reported at 0.1205 g CO2/km, reflecting their ongoing focus on reducing the environmental impact of their financed vehicles. Overall, Porsche Bank is actively engaged in tracking and managing its carbon emissions, aligning with industry standards for climate accountability.

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Add to project
2020202120222023
Scope 1
266,400
000,000
000,000
000,000
Scope 2
225,800
00,000
00,000
000,000
Scope 3
40,600.13
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Porsche Bank's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Porsche Bank is headquartered in AT, which has a rank of very low, indicating very low grid carbon 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.

Porsche Bank is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers