Erste Group Bank AG 2023 AR2

The report highlights Erste Group's strong financial and non-financial performance in 2023, achieving a net profit of EUR 2,997.6 million and improving its cost/income ratio to 47.6%. The group made significant progress in its ESG strategy, committing to net-zero operations by 2030 and a net-zero portfolio by 2050. It successfully expanded its sustainable corporate financing to EUR 2,950 million and increased its green electricity share to 91%. Additionally, the group continued to promote social inclusion by providing EUR 585 million in social banking financing and supporting over 65,000 financial education participants.

Company: Erste Group Bank AG

Sector: Financials

Country: Austria

Year: 2023

Type: AR2

Pages: 448

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Erste Group Bank AG

Erste Group Bank AG 2023 Annual Report

Annual Report

The report highlights Erste Group's strong financial and non-financial performance in 2023, achieving a net profit of EUR 2,997.6 million and improving its cost/income ratio to 47.6%. The group made significant progress in its ESG strategy, committing to net-zero operations by 2030 and a net-zero portfolio by 2050. It successfully expanded its sustainable corporate financing to EUR 2,950 million and increased its green electricity share to 91%. Additionally, the group continued to promote social inclusion by providing EUR 585 million in social banking financing and supporting over 65,000 financial education participants.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

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:

Scope 3:

Energy Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees