Credit Bank of Moscow (public joint-stock company)
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.
DitchCarbon Score
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.
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
Credit Bank of Moscow (public joint-stock company)'s score of 22 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Credit Bank of Moscow (public joint-stock company)'s reported carbon emissions
In 2023, Credit Bank of Moscow reported significant carbon emissions, totalling approximately 2,319,300 kg CO2e from Scope 2 emissions related to purchased electricity and about 2,129,100 kg CO2e from Scope 3 emissions associated with waste generated in operations. The bank's Scope 1 emissions include approximately 585,300 kg CO2e from gas used in own boiler houses and about 172,000 kg CO2e from gasoline used in internal operations. Additionally, emissions linked to the provision of mortgage loans were reported at around 5,432,000 kg CO2e, while emissions from crop growing loans reached approximately 1,552,851,000 kg CO2e, and those from animal husbandry loans were about 235,650,000 kg CO2e. Despite these figures, Credit Bank of Moscow has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or formal commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, it will be crucial for the bank to establish clear climate commitments to align with industry standards and expectations.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 2,319,300 |
| Scope 3 | 2,129,100 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
