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Erste Group BankAustria
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This profile is actively maintainedCreated before Nov 2016
Last update: 2022-05-11 13:07:03
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Erste Group Bank headquarters in Vienna. Photo: Herzi Pinki via Wikimedia Commons (CC BY SA 4.0)About Erste Group Bank
Erste Group Bank was founded as the first Austrian savings bank (“Erste Oesterreichische Sparkasse”) in 1819. Erste Group Bank is one of the largest financial services providers in Central and Eastern Europe in terms of clients and total assets, operating more than 2,500 branches in seven countries.
| Website | http://www.erstegroup.com |
| Headquarters |
Am Belvedere 1
1100 Vienna
Austria
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| CEO/chair |
Bernhard Spalt CEO |
| Supervisor | |
| Annual reports |
Annual report 2021 CSR report 2021 |
| Ownership |
listed on Bucharest Stock Exchange, Prague Stock Exchange & Vienna Stock Exchange
Erste Group Bank's shareholder structure can be accessed here. |
| Complaints and grievances |
Erste Group Bank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance. |
Related Dodgy Deals
Erste Group Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
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Policy Assessments
Banks and Climate
Bank net zero commitments
BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
Details
Erste Bank
2022-08-16
AUT
-10000
Explanation
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
For more details see this page.
NZBA member banks
BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
Details
Erste Bank
2022-08-16
AUT
-1000
Explanation
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
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Policies
Voluntary standards
Erste Group Bank has committed itself to the following voluntary standards:Investment policies
Erste Group Bank's web page on corporate social responsibility can be accessed here.
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