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Financial Intermediation
RU
updated a month ago

Joint Stock Company OTP Bank

Company website

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.

14

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.

27

Industry Benchmark

Joint Stock Company OTP Bank's score of 14 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%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Joint Stock Company OTP 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 OTP Bank is in RU, which has a low 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 OTP 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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Where does DitchCarbon data come from?

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