DSK Bank, officially known as DSK Bank AD, is a prominent financial institution headquartered in Sofia, Bulgaria (BG). Established in 1951, the bank has evolved into a key player in the Bulgarian banking sector, offering a comprehensive range of services including retail banking, corporate banking, and investment solutions. With a strong presence across major operational regions in Bulgaria, DSK Bank is renowned for its customer-centric approach and innovative financial products. Its core offerings, such as personal loans, mortgages, and business financing, are designed to meet the diverse needs of its clientele. As a subsidiary of the OTP Group, DSK Bank has achieved significant milestones, including numerous awards for service excellence and digital banking initiatives, solidifying its position as one of the leading banks in Bulgaria.
How does DSK Bank'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.
DSK Bank's score of 20 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, DSK Bank reported total carbon emissions of approximately 11,225,310 kg CO2e, comprising 2,108,060 kg CO2e from Scope 1 emissions and 9,112,250 kg CO2e from Scope 2 emissions. The Scope 1 emissions primarily stem from stationary combustion, which accounted for about 211,960 kg CO2e. The bank's emissions data shows a slight increase from 2021, where total emissions were approximately 11,157,520 kg CO2e, with Scope 1 emissions at 2,091,380 kg CO2e and Scope 2 emissions at 9,066,140 kg CO2e. Over the past few years, DSK Bank has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The emissions data is cascaded from its parent company, OTP Bank Nyrt., indicating a corporate family relationship that influences its environmental reporting. As a current subsidiary of DSK Bank EAD, the bank's climate commitments align with broader industry standards, although no specific science-based targets (SBTi) or climate pledges have been established. The bank continues to monitor and report its emissions, reflecting an ongoing commitment to environmental responsibility within the banking sector in Bulgaria (BG).
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 748,050 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,773,510 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
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.
DSK Bank 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.