Credit Bank of Moscow, officially known as Public Joint-Stock Company Credit Bank of Moscow, is a prominent financial institution headquartered in Russia. Established in 1992, the bank has grown to become a key player in the Russian banking sector, primarily serving the Moscow region and other major urban centres across the country. Specialising in retail and corporate banking, Credit Bank of Moscow offers a diverse range of products and services, including personal loans, mortgages, and business financing solutions. Its commitment to customer service and innovative financial products distinguishes it from competitors. The bank has achieved significant milestones, including recognition for its robust financial performance and customer satisfaction ratings, solidifying its position as a trusted banking partner in the region.
How does Credit Bank of Moscow (public 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.
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.
Credit Bank of Moscow (public joint-stock company)'s score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Credit Bank of Moscow (public joint-stock company) reported significant carbon emissions, totalling approximately 1,552,851,300 kg CO2e. This figure includes emissions from various sources, primarily within Scope 1 and 2 categories. Notably, emissions associated with the provision of crop growing loans accounted for about 1,552,851,000 kg CO2e, while emissions from mortgage loans were approximately 5,432,000 kg CO2e. Additionally, emissions from gas used in own boiler houses were around 585,300 kg CO2e, and emissions from gasoline used in internal operations were about 172,000 kg CO2e. The bank also reported emissions from electricity used in leased facilities, totalling approximately 444,800 kg CO2e. Despite these figures, Credit Bank of Moscow has not disclosed any specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. The absence of data on Scope 3 emissions suggests that the bank may not be fully accounting for all indirect emissions associated with its operations. Overall, while the bank has substantial emissions linked to its financial activities, it currently lacks defined strategies for emissions reduction or climate commitments.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Credit Bank of Moscow (public joint-stock company) is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.