B&N Bank (PJSC) Sustainability Profile
B&N Bank (PJSC), a prominent player in the Russian banking sector, is headquartered in Russia and operates extensively across various regions. Founded in 1994, the bank has established itself as a key provider of financial services, focusing on retail and corporate banking, investment services, and asset management. B&N Bank is recognised for its innovative approach to banking, offering a diverse range of products, including personal loans, mortgages, and business financing solutions. Its commitment to customer service and technological advancement sets it apart in a competitive market. With a strong market position, B&N Bank has achieved significant milestones, including a robust growth trajectory and a reputation for reliability. The bank continues to adapt to the evolving financial landscape, ensuring it meets the needs of its clients effectively.
DitchCarbon Score
How does B&N Bank (PJSC)'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
B&N Bank (PJSC)'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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B&N Bank (PJSC)'s reported carbon emissions
B&N Bank (PJSC), headquartered in Russia, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that B&N Bank (PJSC) inherits emissions data from its parent company, VTB Bank (public joint-stock company), at a cascade level of 2. This relationship suggests that any climate-related initiatives or emissions data may be influenced by VTB Bank's strategies and commitments. As B&N Bank continues to navigate its climate responsibilities, it remains essential for the institution to establish clear reduction targets and enhance transparency regarding its carbon footprint. This will align with industry standards and contribute to broader climate action efforts.
How Carbon Intensive is B&N Bank (PJSC)'s Industry?
How Carbon Intensive is B&N Bank (PJSC)'s Location?
B&N Bank (PJSC)'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.
B&N Bank (PJSC) 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.
