BM-Bank Joint-Stock Company Sustainability Profile
BM-Bank Joint-Stock Company, commonly referred to as BM-Bank, is a prominent financial institution headquartered in Russia. Established in 1994, the bank has made significant strides in the banking sector, particularly in Moscow and other major operational regions across the country. Specialising in retail and corporate banking, BM-Bank offers a diverse range of services, including loans, deposits, and investment products. Its commitment to customer-centric solutions and innovative financial products sets it apart in a competitive market. With a strong market position, BM-Bank has garnered recognition for its reliable services and robust financial performance, making it a trusted choice for individuals and businesses alike. The bank continues to evolve, adapting to the dynamic financial landscape while maintaining its core values of integrity and excellence.
DitchCarbon Score
How does BM-Bank Joint-Stock Company'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
BM-Bank Joint-Stock Company's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BM-Bank Joint-Stock Company's reported carbon emissions
BM-Bank Joint-Stock Company, headquartered in Russia, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that BM-Bank is a current subsidiary of VTB Bank (public joint-stock company), which may influence its climate strategy and reporting. As emissions data and climate initiatives are cascaded from VTB Bank, any future commitments or performance metrics may align with those of its parent company. Given the current lack of specific emissions data and reduction targets, BM-Bank's climate strategy remains unclear. The bank may benefit from establishing measurable targets and reporting frameworks to enhance its sustainability profile and align with industry standards.
How Carbon Intensive is BM-Bank Joint-Stock Company's Industry?
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BM-Bank Joint-Stock Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BM-Bank Joint-Stock Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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