- Economic challenges faced by clients due to inflation, high energy prices, and geopolitical uncertainty.
- Data limitations in calculating financed emissions (Scope 3).
- Limited availability of low-carbon technologies and willingness of borrowers to invest in them.
- Potential reputational risk if insufficient action is taken on own emissions.
Česká spořitelna, a.s.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Česká spořitelna, a.s. disclosed greenhouse gas emissions of 5.4M tCO2e/year (total). By scope: Scope 1: 2.1K tCO2e/year; Scope 2: 15.0K tCO2e/year; Scope 3: 5.4M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
5.4M tCO2e/year (total)
2023
Renewable Energy
45% of total energy use
of total energy
Energy Use
58.9K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 15.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.4M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 100% of purchased electricity from renewable sources (with guarantee of origin) since 2023.
- Reduced own emissions (Scope 1 and 2) by 12% in 2023 compared to 2022.
- Initiatives to reduce paper consumption, improve water efficiency, and promote waste reduction and recycling.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 25% renewable energy in the company fleet by 2025.
- Achieve NPS +45 by 2024.
📅 Medium-term
- Reduce own emissions (Scope 1 and 2) by 80% by 2030 (compared to 2017 baseline).
- Achieve 25% Sustainable Financing Ratio (SFR) in corporate loans portfolio by 2026 and 15% in retail mortgage portfolio by 2027.
- Achieve 30% women in the Board and 33% in B-1 management level by 2028.
- Implement a full electric company fleet by 2030.
🔭 Long-term
- Achieve net-zero emissions across the loan portfolio by 2050.
🌱 ESG Focus Areas
Climate ChangeSustainable FinancingWorkforce Diversity and InclusionFinancial Health of ClientsCommunity Development