Erste Group Bank AG 2019 Annual Report with Sustainability Disclosures
The report highlights Erste Group's performance and sustainability initiatives during its bicentennial year in 2019. The group achieved a solid net profit of EUR 1,470.1 million and a return on tangible equity of 11.2% despite significant negative one-off effects. In terms of ESG achievements, Erste Group expanded its digital banking platform George to over 5.4 million users and continued its social banking program, which has supported 32,500 clients since its launch. Additionally, the company made progress in reducing its environmental footprint, decreasing total energy consumption by 2% and continuing its transition to renewable energy sources across its core markets.
Company: Erste Group Bank AG
Sector: Finance & insurance
Country: Austria
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 373
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Erste Group Bank AG
Annual Financial Report
The report highlights Erste Group's performance and sustainability initiatives during its bicentennial year in 2019. The group achieved a solid net profit of EUR 1,470.1 million and a return on tangible equity of 11.2% despite significant negative one-off effects. In terms of ESG achievements, Erste Group expanded its digital banking platform George to over 5.4 million users and continued its social banking program, which has supported 32,500 clients since its launch. Additionally, the company made progress in reducing its environmental footprint, decreasing total energy consumption by 2% and continuing its transition to renewable energy sources across its core markets.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Mar 25, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Employees