Erste Group Bank AG
Erste Group Bank's GHG Emissions Data Preview
In 2023, Erste Group Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Erste Group Bank has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind Erste Group Bank’s Greenhouse Gas (GHG) Emissions Data
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Insights into Erste Group Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Erste Group Bank amounted to 62,061 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Erste Group Bank increased by 57.54%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Erste Group Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Erste Group Bank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Erste Group Bank were 18,701 metric tons of CO₂ equivalent (tCO₂e). a
Has Erste Group Bank reduced its Scope 1 emissions over time?
Since 2018, Erste Group Bank's Scope 1 emissions have decreased by 31.49%, reflecting a declining long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2022), Erste Group Bank's Scope 1 emissions decreased by 9.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
What are Erste Group Bank's Scope 2 emissions?
In 2023, Erste Group Bank reported Scope 2 greenhouse gas (GHG) emissions of 13,153 tCO₂e using the market-based method and 43,360 tCO₂e using the location-based method. a
What methodology does Erste Group Bank use for Scope 2 reporting?
In 2023, Erste Group Bank reported its Scope 2 emissions using the market-based method and using the location-based method. a
Erste Group Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Erste Group Bank's Value Chain Emissions
In 2023, Erste Group Bank reported 28,320,740 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Erste Group Bank includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Erste Group Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Erste Group Bank's Scope 3 emissions?
In 2023, Erste Group Bank reported total Scope 3 emissions of 28,320,740 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.81% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Erste Group Bank's Scope 3 emissions remained relatively stable, indicating that Erste Group Bank 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Erste Group Bank disclose?
In 2023, Erste Group Bank reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Erste Group Bank's Scope 3 emissions?
In 2023, the largest contributors to Erste Group Bank's Scope 3 emissions were: a
- Investments (Cat. 15): 28,267,000 tCO₂e (99.81%)
- Employee Commuting (Cat. 7): 18,976 tCO₂e (0.07%)
- Upstream Transportation and Distribution (Cat. 4): 11,129 tCO₂e (0.04%)
Erste Group Bank's Scope 3 Emissions by Categories
Insights into Erste Group Bank's Total Carbon Footprint
In 2023, Erste Group Bank reported a total carbon footprint of 28,382,801 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.74% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Erste Group Bank's total carbon footprint was Scope 3 emissions, accounting for 99.78% of the company's total carbon footprint, followed by Scope 2 emissions at 0.15%. a