Joint Stock Company OTP Bank Sustainability Profile
Joint Stock Company OTP Bank, headquartered in Russia, is a prominent player in the financial services industry, offering a diverse range of banking solutions. Established in 1994, OTP Bank has grown significantly, expanding its operations across major regions in Russia and beyond. The bank provides a variety of core products and services, including retail banking, corporate finance, and investment services, distinguished by their customer-centric approach and innovative digital solutions. With a strong market position, OTP Bank has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable banking practices. As a member of the OTP Group, the bank leverages its extensive expertise to deliver tailored financial services, making it a trusted choice for individuals and businesses alike in the competitive banking landscape.
DitchCarbon Score
How does Joint Stock Company OTP 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.
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
Joint Stock Company OTP Bank's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Joint Stock Company OTP Bank's reported carbon emissions
Joint Stock Company OTP Bank, headquartered in Russia, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges, indicating a lack of formal commitments towards carbon footprint reduction or climate action initiatives. As there is no inherited emissions data from a parent company or related organization, OTP Bank's climate commitments remain unclear. The absence of reported emissions and reduction initiatives suggests that the bank may need to enhance its focus on sustainability and climate responsibility in line with industry standards.
How Carbon Intensive is Joint Stock Company OTP Bank's Industry?
How Carbon Intensive is Joint Stock Company OTP Bank's Location?
Joint Stock Company OTP Bank's Climate Goals (2030 & 2050)
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.
Joint Stock Company OTP 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.
