Erste Group Bank AG

Common Name
Erste Group Bank
Country
Austria
Sector
Financial Services
Industry
Banks - Regional
Employees
45,942
Ticker
EBS
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
Erste Group Bank AG operates as a prominent financial institution primarily based in Austria, serving a wide range of banking needs. Established in 1819, Erste Group's core operations include providin...

Erste Group Bank's GHG Emissions Data Preview

In 2024, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Erste Group Bank’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Erste Group Bank’s data sources below and access millions more through our Disclosure Search.

a. Erste Group Bank's Annual Report 2024
a. Erste Group Bank's Annual Report 2024
b. Erste Group Bank's Annual Report 2019
b. Erste Group Bank's Annual Report 2019

Insights into Erste Group Bank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Erste Group Bank amounted to 59,422 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 2023, the total operational greenhouse gas (GHG) emissions of Erste Group Bank decreased by 4.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Erste Group Bank's Scope 1 Emissions Over Time

201820192020202120222023202407.5 k15 k22.5 k30 ktCO2e+10%-17%-14%-4%-10%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Erste Group Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Erste Group Bank were 16,803 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 38.44%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Erste Group Bank's Scope 1 emissions decreased by 10.15%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Erste Group Bank's Scope 2 emissions?

In 2024, Erste Group Bank reported Scope 2 greenhouse gas (GHG) emissions of 9,212 tCO₂e using the market-based method and 42,619 tCO₂e using the location-based method. a

Has Erste Group Bank reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Erste Group Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Erste Group Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Erste Group Bank use for Scope 2 reporting?

In 2024, 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

2018201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Erste Group Bank's Value Chain Emissions

In 2024, Erste Group Bank reported 42,329,822 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 2024 disclosure of Erste Group Bank includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Erste Group Bank's Scope 3 Emissions Over Time

2021202220232024015 M30 M45 M60 MtCO2e+2813%+12%+18%
  • Total Scope 3
  • Year-over-Year Change

What are Erste Group Bank's Scope 3 emissions?

In 2024, Erste Group Bank reported total Scope 3 emissions of 42,329,822 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.85% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Erste Group Bank's Scope 3 emissions increased by 17.85%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Erste Group Bank disclose?

In 2024, Erste Group Bank reported emissions for 9 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 2024, the largest contributors to Erste Group Bank's Scope 3 emissions were: a

  • Investments (Cat. 15): 40,352,668 tCO₂e (95.33%)
  • Downstream Leased Assets (Cat. 13): 1,913,494 tCO₂e (4.52%)
  • Employee Commuting (Cat. 7): 25,546 tCO₂e (0.06%)

Erste Group Bank's Scope 3 Emissions by Categories

Investments(Cat. 15)(95.3%)Downstream LeasedAssets (Cat. 13)(4.5%)

Insights into Erste Group Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Erste Group Bank reported Scope 1 greenhouse gas (GHG) emissions of 16,803 tCO₂e and total revenues of USD 11,337 millions. This translates into an emissions intensity of 1.48 tCO₂e per millions USD. a

Erste Group Bank's Scope 1 Emissions Intensity Compared to Peers

2001,0005,00020,000100,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)CDRaiffeisen Bank InternationalYear: 2023Scope 1: 12,403 tCO2eRevenue: $M 10,047Scope 1 Intensity: 1.23 tCO2e/$MHuntington BancsharesYear: 2023Scope 1: 16,331 tCO2eRevenue: $M 7,360Scope 1 Intensity: 2.22 tCO2e/$MM&T BankYear: 2023Scope 1: 17,124 tCO2eRevenue: $M 9,398Scope 1 Intensity: 1.82 tCO2e/$MBank of JiangsuYear: 2024Scope 1: 9,505 tCO2eRevenue: $M 11,064Scope 1 Intensity: 0.86 tCO2e/$MHana Financial GroupYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 10,298Scope 1 Intensity: 0.76 tCO2e/$MCCCredicorpYear: 2024Scope 1: 5,041 tCO2eRevenue: $M 1,590Scope 1 Intensity: 3.17 tCO2e/$MChina Minsheng BankingYear: 2024Scope 1: 6,931 tCO2eRevenue: $M 18,676Scope 1 Intensity: 0.37 tCO2e/$MICICI BankYear: 2025Scope 1: 26,337 tCO2eRevenue: $M 24,059Scope 1 Intensity: 1.09 tCO2e/$MIntesa SanpaoloYear: 2024Scope 1: 45,280 tCO2eRevenue: $M 29,443Scope 1 Intensity: 1.54 tCO2e/$MKeyCorpYear: 2024Scope 1: 9,236 tCO2eRevenue: $M 4,393Scope 1 Intensity: 2.10 tCO2e/$MKbc GroepYear: 2024Scope 1: 40,717 tCO2eRevenue: $M 11,604Scope 1 Intensity: 3.51 tCO2e/$MCitizens Financial GroupYear: 2024Scope 1: 9,552 tCO2eRevenue: $M 7,794Scope 1 Intensity: 1.23 tCO2e/$MUniCreditYear: 2024Scope 1: 24,412 tCO2eRevenue: $M 27,659Scope 1 Intensity: 0.88 tCO2e/$MChina Citic BankYear: 2024Scope 1: 6,778 tCO2eRevenue: $M 29,151Scope 1 Intensity: 0.23 tCO2e/$MRegions FinancialYear: 2024Scope 1: 6,004 tCO2eRevenue: $M 7,083Scope 1 Intensity: 0.85 tCO2e/$MFifth Third BancorpYear: 2024Scope 1: 9,449 tCO2eRevenue: $M 8,253Scope 1 Intensity: 1.14 tCO2e/$MNatWest GroupYear: 2024Scope 1: 9,402 tCO2eRevenue: $M 18,388Scope 1 Intensity: 0.51 tCO2e/$MBAWAG GroupYear: 2023Scope 1: 1,331 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.76 tCO2e/$MSociete GeneraleYear: 2024Scope 1: 42,867 tCO2eRevenue: $M 54,642Scope 1 Intensity: 0.78 tCO2e/$MLloyds Banking GroupYear: 2024Scope 1: 20,441 tCO2eRevenue: $M 23,345Scope 1 Intensity: 0.88 tCO2e/$MBTV Vier Laender BankYear: 2023Scope 1: 688 tCO2eRevenue: $M 485Scope 1 Intensity: 1.42 tCO2e/$MItau Unibanco HoldingYear: 2024Scope 1: 19,405 tCO2eRevenue: $M 25,668Scope 1 Intensity: 0.76 tCO2e/$MDDDeutsche BankYear: 2024Scope 1: 16,978 tCO2eRevenue: $M 31,267Scope 1 Intensity: 0.54 tCO2e/$MSPD BankYear: 2023Scope 1: 900 tCO2eRevenue: $M 24,390Scope 1 Intensity: 0.04 tCO2e/$MOberbankYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 960Scope 1 Intensity: 1.52 tCO2e/$MErste Group BankYear: 2024Scope 1: 16,803 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.48 tCO2e/$M

How does Erste Group Bank's GHG emissions intensity compare to its peers?

In 2024, Erste Group Bank reported a Scope 1 emissions intensity of 1.48 tCO₂e per millions USD. Compared to the peer group median of 0.88 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Erste Group Bank rank on GHG emissions intensity within its industry?

In 2024, Erste Group Bank ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Erste Group Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Erste Group Bank's Total Carbon Footprint

In 2024, Erste Group Bank reported a total carbon footprint of 42,389,244 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.82% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Erste Group Bank's total carbon footprint was Scope 3 emissions, accounting for 99.86% of the company's total carbon footprint, followed by Scope 2 emissions at 0.1%. a

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