OFG Bancorp Sustainability Profile
OFG Bancorp, a prominent financial institution headquartered in the United States, has established itself as a key player in the banking sector since its founding in 1964. With a strong presence in Puerto Rico and the mainland U.S., the company primarily operates in the banking and financial services industry, offering a diverse range of products tailored to meet the needs of individuals and businesses. OFG Bancorp's core services include commercial and consumer banking, mortgage lending, and wealth management, distinguished by their commitment to customer service and innovative solutions. Over the years, the company has achieved significant milestones, solidifying its market position and reputation for reliability. With a focus on community engagement and financial empowerment, OFG Bancorp continues to drive growth and foster economic development in its operational regions.
DitchCarbon Score
How does OFG Bancorp'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
OFG Bancorp's score of 25 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OFG Bancorp's reported carbon emissions
OFG Bancorp currently does not have any publicly available carbon emissions data, as indicated by the absence of specific emissions figures. Consequently, there are no reported Scope 1, 2, or 3 emissions to analyse. Additionally, the organisation has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). In the context of climate commitments, OFG Bancorp has not outlined any specific climate pledges or initiatives aimed at reducing their carbon footprint. As such, there is no information regarding their strategies for addressing climate change or their overall environmental impact. Given the lack of emissions data and climate commitments, it is essential for OFG Bancorp to consider developing a comprehensive sustainability strategy that includes measurable targets and transparent reporting to align with industry standards and expectations.
How Carbon Intensive is OFG Bancorp's Industry?
How Carbon Intensive is OFG Bancorp's Location?
OFG Bancorp'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.
OFG Bancorp 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.
