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Erste Group Bank AG is an Austrian banking group that provides retail, corporate, and investment banking services to customers in Central and Eastern Europe. It offers a range of products and services, including savings and current accounts, loans, mortgages, investment funds, and insurance products.

Erste Group Bank AG

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• SB2A Temperature Range: 1.5°C < SB2A ≤ 2°C
• Description: These companies, while not in the top tier of priority enablers, still play a crucial role in advancing climate goals. Their activities align within the 1.5 to 2-degree temperature range, signifying a substantial contribution to mitigating climate change.

● SB2A temperature range: 3°C ≤ SB2A < 4°C
● Description: Engaging companies face a critical need for environmental improvement as their carbon intensity is increasing. With SB2A indicating a substantial temperature misalignment (3°C ≤ SB2A < 4°C), these companies are recognized as having a high environmental impact. Engaging companies are urged to prioritize and accelerate their sustainability initiatives to address their significant climate-related challenges.

• SB2A Temperature Range: SB2A ≤ 1.5°C
• Description: Companies falling into this category demonstrate an exceptional commitment to climate alignment. Their activities contribute significantly to maintaining global warming well below the 2-degree target, positioning them as leaders in enabling a sustainable future.

● SB2A temperature range: ≥ 4°C
● Description: Priority Engaging companies face a critical need for environmental improvement. With SB2A indicating a substantial temperature misalignment (≥ 4°C), these companies are recognized as having a very high environmental impact. Priority Engaging companies are urged to prioritize and accelerate their sustainability initiatives to address their significant climate-related challenges.

• SB2A Temperature Range: 2°C ≤ SB2A < 3°C
• Description: Companies in this category are strategically positioning themselves for a sustainable transition. Their commitment is evident through an decrease in carbon intensity at company level together with certified targeted plan for further reduction and a decrease in temperature.

• SB2A Temperature Range: 2°C ≤ SB2A < 3°C
• Description: Transitioning companies are actively engaged in reducing their carbon footprint. The decrease in the carbon intensity at company level is the sign that these entities are making strides toward sustainability, even if a specific reduction target is yet to be formalized.

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Climate Rating: Transitioning - Erste Group Bank AG is an Austrian banking group that provides retail, corporate, and investment banking services to customers in Central and Eastern Europe. It offers a range of products and services, including savings and current accounts, loans, mortgages, investment funds, and insurance products.

Free Corporate Rating

Erste Group Bank AG

ISIN

LEI

Description

Rating peers in sector of Financials (based on 680 companies)

2%

Priority
Enabling

14%

Enabling

0%

Priority
Transitioning

Erste Group Bank AG

30%

Transitioning

50%

Engaging

4%

Priority
Engaging

Discover other companies in Financials with Transitioning score

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Free Corporate Rating

Erste Group Bank AG

ISIN

LEI

Description

Rating peers in sector of Financials (based on 680 companies)

2%

PriorityEnabling

14%

Enabling

0%

PriorityTransitioning

Erste Group Bank AG

30%

Transitioning

50%

Engaging

4%

PriorityEngaging

Discover other companies in Financials with Transitioning score

Get in touch!

Priority
Enabling

Priority
Transitioning

Priority
Engaging