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National Bank of Greece SA

Common Name
National Bank of Greece
Country
Greece
Sector
Financial Services
Industry
Banks - Regional
Employees
8,005
Ticker
ETE
Exchange
Athens Exchange Group
Website
www.nbg.gr
Description
National Bank of Greece S.A. is a prominent financial institution providing a comprehensive range of banking services in Greece and internationally. As a leading bank in the Greek financial sector, it...

National Bank of Greece's GHG Emissions Data Preview

In 2024, National Bank of Greece 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).

National Bank of Greece has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
1,911a
1,597b
2,544b
Total Scope 2
Market-Based
2,600a
2b
0b
Location-Based
13,202a
19,761b
24,379b
Total Scope 3
28,969,558a
18,939,335b
12,114,664c
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.6385a
0.5194b
1.1262b
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Verified Sources Behind National Bank of Greece’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.

a. National Bank of Greece's Annual Report 2024
b. National Bank of Greece's ESG Report 2023
c. National Bank of Greece's Financial Report 2023
d. National Bank of Greece's ESG Report 2022

Insights into National Bank of Greece's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of National Bank of Greece amounted to 15,113 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 National Bank of Greece decreased by 29.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

National Bank of Greece's Scope 1 Emissions Over Time

2020202120222023202406501.3 k1.95 k2.6 ktCO2e+5%+7%-37%+20%
  • Total Scope 1
  • Year-over-Year Change

What are National Bank of Greece's Scope 1 emissions?

In 2024, the total Scope 1 emissions of National Bank of Greece were 1,911 metric tons of CO₂ equivalent (tCO₂e).a

Has National Bank of Greece reduced its Scope 1 emissions over time?

Since 2020, National Bank of Greece's Scope 1 emissions have decreased by 15.41%, reflecting a declining long-term trend in Scope 1 emissions over time.ad

Compared to the previous year (2023), National Bank of Greece's Scope 1 emissions increased by 19.66%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are National Bank of Greece's Scope 2 emissions?

In 2024, National Bank of Greece reported Scope 2 greenhouse gas (GHG) emissions of 2,600 tCO₂e using the market-based method and 13,202 tCO₂e using the location-based method.a

Has National Bank of Greece reduced its Scope 2 emissions over time?

Since 2020, National Bank of Greece's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 37.1%, reflecting a declining long-term trend in Scope 2 emissions over time.ad

Compared to the previous year (2023), National Bank of Greece's Scope 2 emissions (Location-Based) fell by 33.19% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does National Bank of Greece use for Scope 2 reporting?

In 2024, National Bank of Greece reported its Scope 2 emissions using the market-based method and using the location-based method.a

National Bank of Greece's Scope 2 Emissions Over Time

2020202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into National Bank of Greece's Value Chain Emissions

In 2024, National Bank of Greece reported 28,969,558 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 National Bank of Greece includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

National Bank of Greece's Scope 3 Emissions Over Time

2020202120222023202407.5 M15 M22.5 M30 MtCO2e-8%+24475%+56%+53%
  • Total Scope 3
  • Year-over-Year Change

What are National Bank of Greece's Scope 3 emissions?

In 2024, National Bank of Greece reported total Scope 3 emissions of 28,969,558 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.83% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has National Bank of Greece reduced its Scope 3 emissions over time?

Since 2020, National Bank of Greece's Scope 3 emissions have increased by 54,171.45%, reflecting a rising long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2023), National Bank of Greece's Scope 3 emissions increased by 52.96%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does National Bank of Greece disclose?

In 2024, National Bank of Greece reported emissions for 6 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 National Bank of Greece's Scope 3 emissions?

In 2024, the largest contributors to National Bank of Greece's Scope 3 emissions were:a

  • Investments (Cat. 15): 28,920,458 tCO₂e (99.83%)
  • Purchased Goods and Services (Cat. 1): 35,965 tCO₂e (0.12%)
  • Business Travel (Cat. 6): 6,182 tCO₂e (0.02%)

National Bank of Greece's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.8%)

Insights into National Bank of Greece’s GHG Emissions Intensity Compared to Industry Peers

In 2024, National Bank of Greece reported Scope 1 greenhouse gas (GHG) emissions of 1,911 tCO₂e and total revenues of USD 2,993 millions. This translates into an emissions intensity of 0.64 tCO₂e per millions USD.a

National Bank of Greece's Scope 1 Emissions Intensity Compared to Peers

502002,00010,00050,000Scope 1 Emissions (tCO2e)1002001,0002,00010,000Revenues (Millions of USD)Krung Thai BankYear: 2024Scope 1: 25,701 tCO2eRevenue: $M 4,610Scope 1 Intensity: 5.58 tCO2e/$MBCIYear: 2024Scope 1: 410 tCO2eRevenue: $M 3,045Scope 1 Intensity: 0.13 tCO2e/$MBanque Saudi FransiYear: 2024Scope 1: 3,804 tCO2eRevenue: $M 2,562Scope 1 Intensity: 1.48 tCO2e/$MTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MSCB XYear: 2024Scope 1: 12,757 tCO2eRevenue: $M 4,189Scope 1 Intensity: 3.05 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,819Scope 1 Intensity: 0.05 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MFirst Financial HoldingYear: 2024Scope 1: 2,829 tCO2eRevenue: $M 2,188Scope 1 Intensity: 1.29 tCO2e/$MBankinterYear: 2024Scope 1: 1,232 tCO2eRevenue: $M 3,173Scope 1 Intensity: 0.39 tCO2e/$MMediobancaYear: 2024Scope 1: 2,546 tCO2eRevenue: $M 3,480Scope 1 Intensity: 0.73 tCO2e/$MBanca MediolanumYear: 2025Scope 1: 2,594 tCO2eRevenue: $M 2,869Scope 1 Intensity: 0.90 tCO2e/$MBanco Comercial PortuguesYear: 2024Scope 1: 5,505 tCO2eRevenue: $M 3,885Scope 1 Intensity: 1.42 tCO2e/$ME. Sun Financial HoldingYear: 2024Scope 1: 2,403 tCO2eRevenue: $M 2,298Scope 1 Intensity: 1.05 tCO2e/$MMega Financial HoldingYear: 2024Scope 1: 2,639 tCO2eRevenue: $M 2,503Scope 1 Intensity: 1.05 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MSaudi Awwal BankYear: 2024Scope 1: 6,029 tCO2eRevenue: $M 3,764Scope 1 Intensity: 1.60 tCO2e/$MSinopac Financial HoldingsYear: 2024Scope 1: 1,439 tCO2eRevenue: $M 1,941Scope 1 Intensity: 0.74 tCO2e/$MHua Nan Financial HoldingsYear: 2024Scope 1: 2,552 tCO2eRevenue: $M 2,009Scope 1 Intensity: 1.27 tCO2e/$MBanco de ChileYear: 2025Scope 1: 3,121 tCO2eRevenue: $M 3,322Scope 1 Intensity: 0.94 tCO2e/$MBank of Ireland GroupYear: 2024Scope 1: 3,537 tCO2eRevenue: $M 4,643Scope 1 Intensity: 0.76 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,133Scope 1 Intensity: 1.27 tCO2e/$MQnb BankYear: 2024Scope 1: 15,753 tCO2eRevenue: $M 2,865Scope 1 Intensity: 5.50 tCO2e/$MOptima BankYear: 2024Scope 1: 128 tCO2eRevenue: $M 265Scope 1 Intensity: 0.48 tCO2e/$MPiraeus Financial HoldingsYear: 2024Scope 1: 10,449 tCO2eRevenue: $M 2,868Scope 1 Intensity: 3.64 tCO2e/$MEurobankYear: 2024Scope 1: 1,435 tCO2eRevenue: $M 3,352Scope 1 Intensity: 0.43 tCO2e/$MNational Bank of GreeceYear: 2024Scope 1: 1,911 tCO2eRevenue: $M 2,993Scope 1 Intensity: 0.64 tCO2e/$M

How does National Bank of Greece's GHG emissions intensity compare to its peers?

In 2024, National Bank of Greece reported a Scope 1 emissions intensity of 0.64 tCO₂e per millions USD. Compared to the peer group median of 1.05, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does National Bank of Greece rank on GHG emissions intensity within its industry?

In 2024, National Bank of Greece ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into National Bank of Greece's Total Carbon Footprint

In 2024, National Bank of Greece reported a total carbon footprint of 28,984,671 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.87% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to National Bank of Greece's total carbon footprint was Scope 3 emissions, accounting for 99.95% of the company's total carbon footprint, followed by Scope 2 emissions at 0.05%.a

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