Porsche Bank, officially known as Porsche Bank AG, is a prominent financial intermediation service provider headquartered in Austria (AT). Established in 1981, the bank has carved a niche in the financial sector, focusing on innovative financing solutions tailored for the automotive industry. With a strong presence in major operational regions across Europe, Porsche Bank offers a range of services, including vehicle financing, leasing, and insurance products.
What sets Porsche Bank apart is its deep-rooted connection to the Porsche brand, allowing it to deliver unique financial products that cater specifically to the needs of Porsche customers. The bank has achieved significant milestones, including a robust market position as a trusted partner for automotive financing. With a commitment to excellence and customer satisfaction, Porsche Bank continues to lead in providing bespoke financial solutions that enhance the ownership experience of luxury vehicles.
0 vs industry average
Porsche Bank’s score of 35 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Porsche Bank's reported carbon emissions
Porsche Bank, headquartered in AT and operating within financial intermediation services (excluding insurance and pension funding), reported a total of approximately 101 billion kg CO2e emissions in 2020. For 2021, the bank's emissions were approximately 106.2 million kg CO2e, specifically for Scope 1 and 2. While the provided data does not detail specific reduction targets or achievements for Porsche Bank, the organisation's emissions data is cascaded from its corporate family. Porsche Bank Aktiengesellschaft is a current subsidiary (cascade level 3) of Porsche Holding Gesellschaft m.b.H. (cascade level 1), which in turn is part of Volkswagen AG (cascade level 2) for initiatives like the Science Based Targets initiative (SBTi) and Climate Action 100+. Porsche Bank Aktiengesellschaft is also named as the source for its own performance data at cascade level 0. The reporting for Porsche Bank in the provided dataset indicates missing data points for Scope 3, specifically "purchased goods and services".
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Porsche Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Porsche Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from Porsche Holding Gesellschaft m.b.H.
Carbon Disclosure Project
Inherited from Volkswagen AG
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from Volkswagen AG
RE 100
Climate Action 100
Inherited from Volkswagen AGEmissions comparison with industry peers
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Porsche Bank
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