Erste Group

Diversified Banks
EBS.VI
€ 38 (2.6)%
Share price
$ 16 bn
Market Cap
$ 67 bn
Enterprise Value

Carbon footprint

0.66 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2021
How is this calculated?
-23%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -9.3% weighted average for S&P 500
FY2022
How is this calculated?

Erste Group aims to achieve net zero for Scope 1 + 2 by 2050


This target has not been verified as science based according to SBTi
Erste Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Erste Group's GHG emissions (market-based) (Kt of CO2e)
Erste Group's Carbon intensity (Tons per 1 USDm)

Erste Group's carbon footprint

Erste Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 44 Kt (-13 /-22.7% y-o-y). Also positively, carbon intensity declined to 4.9 t (-3.5 /-41.7% y-o-y).

Erste Group's Scope 3 emissions decreased to 3.4 Kt (-1.1 /-25% y-o-y).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -1.5 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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