Piraeus Financial Holdings SA

Common Name
Piraeus Financial Holdings
Country
Greece
Sector
Financial Services
Industry
Banks - Regional
Employees
7,753
Ticker
TPEIR
Exchange
ATHENS EXCHANGE S.A. CASH MARKET
Description
Piraeus Financial Holdings S.A. is a financial services group based in Greece, primarily involved in banking and related financial activities. It serves as a major banking institution within Greece an...

Piraeus Financial Holdings's Climate Target Data Preview

As of 2023, Piraeus Financial Holdings has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 6 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Piraeus Financial Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Piraeus Financial Holdings’s Climate Targets Data

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a. Piraeus Financial Holdings's Integrated Report 2023
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Insights into Piraeus Financial Holdings's Greenhouse Gas Emissions Pathways

As of 2023, Piraeus Financial Holdings has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Piraeus Financial Holdings have a target to reduce the emissions from its operations?

As of 2023, Piraeus Financial Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Piraeus Financial Holdings's most ambitious operational target is to reduce these emissions by 73% by 2030, compared to a baseline of 7,880 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Piraeus Financial Holdings has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Piraeus Financial Holdings's Operational (Scope 1+2) Emissions Pathway

20192023203002 k4 k6 k8 kBaselineCurrent (-84%)Target 2030 (-73%)

Does Piraeus Financial Holdings have a target to reduce the emissions from its value chain?

As of 2023, Piraeus Financial Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Piraeus Financial Holdings's most ambitious value chain target is to reduce these emissions by 58% by 2030, compared to a baseline of 0.059 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2019. a

As of 2023, Piraeus Financial Holdings is ahead of schedule on its value chain emissions reduction target, having achieved 73.05% of the planned reduction. a

Piraeus Financial Holdings's Value Chain (Scope 3) Emissions Pathway

20192023203000.020.030.050.06BaselineCurrent (-42%)Target 2030 (-58%)
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