Public Profile

DSK Bank

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.

DitchCarbon Score

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.

0

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.

13

Industry Benchmark

DSK Bank's score of 0 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

10%

DSK Bank's reported carbon emissions

In 2022, DSK Bank reported total carbon emissions of approximately 11,225,310 kg CO2e, comprising 2,108,060 kg CO2e from Scope 1 and about 9,117,250 kg CO2e from Scope 2 emissions. The bank's emissions have shown a trend of fluctuation over the years, with 2021 emissions recorded at approximately 10,795,830 kg CO2e, which included 2,091,380 kg CO2e from Scope 1 and 8,707,610 kg CO2e from Scope 2. In 2020, DSK Bank's emissions reached about 10,440,480 kg CO2e, with Scope 1 emissions at 985,020 kg CO2e and Scope 2 emissions at approximately 9,455,470 kg CO2e. The 2019 data indicated total emissions of around 8,514,930 kg CO2e, with Scope 1 emissions at 748,050 kg CO2e and Scope 2 emissions at about 7,766,880 kg CO2e. Despite the significant emissions figures, DSK Bank has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or SBTi (Science Based Targets initiative) commitments suggests that the bank may still be in the early stages of formalising its climate strategy. Overall, DSK Bank's emissions data highlights the need for enhanced climate commitments and reduction strategies to align with global sustainability goals.

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Add to project
2019202020212022
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
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. DSK Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. DSK Bank is headquartered in BG, which has a rank of very high, indicating very high grid carbon 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.

DSK Bank is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers