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Financial Intermediation
RU
updated 6 months ago

Joint Stock Company Alfa-Bank

Company website

Joint Stock Company Alfa-Bank, commonly referred to as Alfa-Bank, is a prominent financial institution headquartered in Russia. Established in 1990, the bank has grown to become one of the largest private banks in the country, with a significant presence in major operational regions including Moscow and St. Petersburg. Operating within the banking and financial services industry, Alfa-Bank offers a diverse range of products and services, including retail banking, corporate banking, and investment services. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Notable achievements include its recognition for digital banking excellence and a strong market position, making it a key player in the Russian financial landscape.

DitchCarbon Score

How does Joint Stock Company Alfa-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.

22

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.

28

Industry Benchmark

Joint Stock Company Alfa-Bank's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Joint Stock Company Alfa-Bank's reported carbon emissions

Joint Stock Company Alfa-Bank, headquartered in Russia, currently does not report specific carbon emissions data, as indicated by the absence of available figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges noted. It is important to highlight that emissions data may be cascaded from parent or related organizations. In this case, Joint Stock Company Alfa-Bank is identified as a current subsidiary, but no specific emissions data or targets have been inherited from its corporate family. The lack of reported emissions and 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, Joint Stock Company Alfa-Bank may need to establish clear carbon reduction targets and report on its emissions to align with industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Joint Stock Company Alfa-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. This request for Joint Stock Company Alfa-Bank is in RU, which has a medium grid carbon intensity relative to other regions.

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.

Joint Stock Company Alfa-Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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