Erste Group

Diversified Banks

EBS.VI

€ 29 (1.9)%

Share price

$ 13 bn

Market Cap

$ 58 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.04x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

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

GHG emissions and Carbon intensity

Erste Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 57 Kt (-7.3 /-11.3% y-o-y). At the same time, carbon intensity .

Erste Group's Scope 3 emissions was down at 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 -1.9 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	57	25	33		6,850	8.4
2019Q4	65	30	35
2018Q4	62	27	35
2017Q4	77	28	49	3.4
2016Q4	77	23	54	4.5

Erste Group

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Erste Group's carbon footprint

Company environmental metrics