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 86% 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 associated with the provision of crop growing loans, which accounted for about 1,552,851,000 kg CO2e. Other notable contributions came from emissions linked to mortgage loans (approximately 5,432,000 kg CO2e), and emissions from internal operations, including gas and electricity usage, which totalled around 1,000,100 kg CO2e (585,300 kg CO2e from gas and 444,800 kg CO2e from electricity). The emissions reported fall under Scope 1 and Scope 2 categories, with no data disclosed for Scope 3 emissions. Despite the substantial emissions figures, Credit Bank of Moscow has not set any specific reduction targets or climate pledges, indicating a lack of formal commitments to mitigate their carbon footprint at this time. As of now, there are no cascaded emissions data from parent or related organizations, and all reported figures are directly from Credit Bank of Moscow. The bank's current climate strategy appears to be in its early stages, with no documented initiatives or targets for emissions reduction.
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.