Raiffeisen Bank
Raiffeisen Bank International AG, commonly referred to as Raiffeisen Bank, is a prominent financial institution headquartered in Australia, with significant operations across Central and Eastern Europe. Established in the early 20th century, the bank has evolved to become a key player in the banking industry, focusing on retail and corporate banking services. Raiffeisen Bank offers a diverse range of products, including personal loans, mortgages, and business financing, distinguished by their customer-centric approach and innovative digital solutions. The bank's commitment to sustainability and community development further enhances its reputation in the market. With a strong market position, Raiffeisen Bank has achieved notable milestones, including numerous awards for excellence in customer service and financial performance. Its strategic focus on expanding its footprint in emerging markets underscores its ambition to remain a leader in the banking sector.
DitchCarbon Score
How does Raiffeisen 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.
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.
Industry Benchmark
Raiffeisen Bank's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Raiffeisen Bank's reported carbon emissions
In 2023, Raiffeisen Bank International AG reported total carbon emissions of approximately 89,378,000 kg CO2e. This figure includes 12,403,000 kg CO2e from Scope 1 emissions, 36,914,000 kg CO2e from Scope 2 emissions (market-based), and 43,450,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the bank's total emissions were about 69,730,000 kg CO2e, indicating a significant increase in emissions year-on-year. The breakdown for 2022 included 6,049,000 kg CO2e from Scope 1, 35,111,000 kg CO2e from Scope 2 (market-based), and 26,690,000 kg CO2e from Scope 3. Raiffeisen Bank has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with keeping global warming well below 2°C by 2030. These targets cover 23% of its total investment and lending activities as of 2021, focusing on emissions from company operations (Scopes 1 and 2). However, the bank has not committed to a net-zero target as of now. Overall, Raiffeisen Bank is actively working towards reducing its carbon footprint while addressing the challenges posed by its operational and investment activities in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2011 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,623,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 74,648,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 54,788,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Raiffeisen Bank is committed to some 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.
