Helaba
Helaba, officially known as Landesbank Hessen-Thüringen, is a prominent financial institution headquartered in Frankfurt, Germany. Established in 1953, Helaba has grown to become a key player in the banking sector, primarily serving the regions of Hesse and Thuringia, while also maintaining a strong presence across Europe. Specialising in corporate banking, real estate financing, and public sector services, Helaba distinguishes itself through its commitment to sustainable finance and innovative solutions tailored to client needs. The bank has achieved notable milestones, including its consistent ranking among the top German Landesbanken, reflecting its robust market position and reputation for reliability. With a diverse portfolio of products and services, Helaba continues to support economic development and infrastructure projects, making it a vital partner for businesses and public entities alike.
DitchCarbon Score
How does Helaba'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
Helaba's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Helaba's reported carbon emissions
In 2023, Helaba reported total carbon emissions of approximately 55,292,000,000 kg CO2e. This figure includes 2,034 kg CO2e from Scope 1 emissions, 835,000 kg CO2e from Scope 2 emissions, and a significant 41,181,000,000 kg CO2e from Scope 3 emissions. Helaba has set ambitious climate commitments, aiming for a 30% reduction in CO2 emissions by 2025 compared to the average emissions from 2015 to 2019. This target applies to both Scope 1 and Scope 2 emissions, reflecting their commitment to becoming climate-neutral by 2035. The bank's proactive approach includes resource conservation and operational adjustments to meet these goals. In 2022, Helaba's total emissions were reported at approximately 7,583,000 kg CO2e, with Scope 1 emissions at 3,602 kg CO2e, Scope 2 emissions at 516,000 kg CO2e, and Scope 3 emissions at 40,071,464 kg CO2e. This indicates a significant focus on reducing emissions across all scopes. Helaba's emissions data is not cascaded from a parent organization, ensuring that their reported figures and commitments are independently derived. The bank's sustainability strategy is documented in various reports, outlining their ongoing efforts and future objectives in addressing climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,514,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | 1,268,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 3,687,000 | 0,000 | 00,000,000 | 00,000,000 |
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.
Helaba 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.
