ČSOB Group
ČSOB Group, officially known as Československá obchodní banka, a.s., is a leading financial institution headquartered in the Czech Republic (CZ). Established in 1964, ČSOB has evolved into a prominent player in the banking and financial services industry, serving clients across Central and Eastern Europe. With a diverse portfolio that includes retail banking, corporate banking, insurance, and asset management, ČSOB distinguishes itself through innovative solutions tailored to meet the needs of its customers. The bank's commitment to digital transformation and customer-centric services has solidified its market position, making it one of the most trusted financial partners in the region. Notable achievements include a strong presence in both the Czech and Slovak markets, reflecting its robust operational capabilities and dedication to excellence in service delivery.
DitchCarbon Score
How does ČSOB Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
ČSOB Group's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ČSOB Group's reported carbon emissions
In 2021, ČSOB Group reported no specific carbon emissions data, including Scope 1, 2, or 3 emissions. The organisation has not disclosed any absolute emissions figures, making it challenging to assess their carbon footprint directly. However, they have provided some emissions intensity metrics related to various sectors, such as transport (0.16 kg CO2e/km), metals (1600.0 tCO2e/tonne of steel), and building industries (800.0 tCO2e/tonne of cement). Despite the absence of concrete emissions data, ČSOB Group has not outlined any specific reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of defined climate pledges suggests that while the organisation may be aware of its environmental impact, it has yet to establish formal commitments to reduce its carbon emissions. As the financial sector increasingly prioritises sustainability, ČSOB Group's future climate strategies will be crucial in aligning with industry standards and expectations for carbon reduction.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
ČSOB Group is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
