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.
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.
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.
Joint Stock Company OTP Bank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Joint Stock Company OTP Bank, headquartered in Russia, currently does not have available carbon emissions data for the most recent year, nor does it report any specific reduction targets or climate commitments. The absence of emissions data suggests that the bank may not have publicly disclosed its carbon footprint or may be in the early stages of developing its climate strategy. As of now, OTP Bank has not inherited any emissions data from a parent or related organization, indicating that it operates independently in terms of climate reporting. Without specific initiatives or targets outlined, it remains unclear how OTP Bank plans to address its carbon emissions or contribute to broader climate goals. In the context of the banking industry, many institutions are increasingly committing to science-based targets and sustainability initiatives. OTP Bank's current lack of data and commitments may reflect a need for further development in its environmental strategy to align with industry standards and expectations.
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.