- Data availability for better quantifying physical and transition risks
- Comprehensive reporting of direct and indirect relationships in the upstream and downstream value chain requires careful assessment and data gathering
Addiko Bank AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Addiko Bank AG disclosed greenhouse gas emissions of 586.0K tCO2e/year (Scope 1 2 and limited Scope 3). By scope: Scope 1: 835 tCO2e/year; Scope 2: 2.9K tCO2e/year; Scope 3: 582.3K tCO2e/year (limited to investments). 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
586.0K tCO2e/year (Scope 1 2 and limited Scope 3)
2023
Renewable Energy
28% of total energy use
of total energy
Energy Use
12.1M kWh/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). | 835 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.9K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 582.3K tCO2e/year (limited to investments) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 586.0K tCO2e/year (Scope 1 2 and limited Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Transitioned to 100% renewable energy at Addiko Bank AG Vienna (Austria); Group level renewable energy share is 28%
- Replaced 12% of the car fleet with electric and hybrid vehicles
- Achieved an additional 7% reduction in the number of cars and a further 2.2% reduction in office space
- Implemented environmentally friendly banking services like End-2-End online lending
- Enabled 18 green partnerships focusing on green products and services
🎯 Climate & Sustainability Targets
🔜 Short-term
- Define further no-go industries
- Improve quantification of physical risks
- Evaluate adequacy of IT systems, processes, and data requirements for climate risk assessment
- Enhance analysis of operational risk with quantitative data
- Transition to 20% electric vehicles in the fleet
📅 Medium-term
- Increase the proportion of electricity from renewable resources to above 30%
🔭 Long-term
- Achieve climate neutrality by 2050 (transition plan to be developed)
🌱 ESG Focus Areas
Climate changeDiversityGovernanceEmployee well-beingResponsible banking