O Bank, officially known as O Bank Co., Ltd., is a prominent player in the financial intermediation services sector, headquartered in Taiwan (TW). Established in 2016, the bank has rapidly evolved, focusing on innovative digital banking solutions that cater to a diverse clientele across major operational regions in Asia.
Specialising in a range of services, including personal loans, savings accounts, and digital payment solutions, O Bank distinguishes itself through its user-friendly technology and commitment to customer-centric banking. The bank's unique approach to financial services has garnered significant market attention, positioning it as a forward-thinking institution within the competitive landscape.
With a strong emphasis on digital transformation, O Bank continues to achieve notable milestones, enhancing its reputation as a reliable and modern banking alternative in the region.
-11 vs industry average
O Bank’s score of 24 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
O Bank's reported carbon emissions
O Bank, a financial intermediation services company headquartered in TW, has reported its carbon emissions for recent years. In 2023, O Bank's total global emissions were approximately 4,245,840 kg CO2e. This figure is comprised of about 287,070 kg CO2e from Scope 1 emissions and approximately 2,758,660 kg CO2e from Scope 1 and 2 combined (market-based). Scope 3 emissions for the same year amounted to approximately 1,487,180 kg CO2e, with key contributors including fuel and energy-related activities (about 568,370 kg CO2e) and employee commute (about 637,600 kg CO2e). For 2022, O Bank's total global emissions were approximately 4,391,000 kg CO2e. This included about 271,540 kg CO2e from Scope 1 and roughly 3,106,360 kg CO2e from Scope 1 and 2 combined (market-based). Scope 3 emissions in 2022 totalled approximately 1,285,060 kg CO2e, with employee commute being a significant component at about 581,980 kg CO2e. In 2019, O Bank reported Scope 1 and 2 emissions totalling approximately 20,596,000 kg CO2e. Scope 3 emissions for waste generated in operations were reported at 46,800 kg CO2e. O Bank's climate commitments are not detailed with specific reduction targets or SBTi-aligned goals within the provided information. Their disclosures indicate a focus on upstream emissions categories and they have made efforts to report on scopes 1, 2, and 3 emissions where data is available.
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O Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for O Bank yet.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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O Bank
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