Summary
This document is a technical report detailing the greenhouse gas emissions in the loan portfolio of the Cooperative Bank of Karditsa for the year 2023. It utilizes the Global GHG Accounting and Reporting Standard for the Financial Industry to estimate emissions, focusing on carbon-related credit exposure across various sectors. The report indicates that the bank has a low carbon-intensive loan portfolio, with significant contributions to total financed emissions coming from the agriculture and electricity sectors. The methodology employed includes an analysis of direct emissions across Scopes 1, 2, and 3, with a specific emphasis on upstream emissions in Scope 3. The report also discusses the data quality scoring system used to assess the reliability of the emission factors, which are linked to sectoral and regional averages. The findings are presented in comparison to the previous year’s data, highlighting the bank's commitment to transparency in climate impact reporting.
