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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.
23
DitchCarbon score
-14 vs industry average
OFG Bancorp’s score of 23 is lower than 32% 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
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
No reported emissions data is available for OFG Bancorp yet.
OFG Bancorp's reported carbon emissions
OFG Bancorp, headquartered in the US, currently does not have any reported carbon emissions data for the latest year. As such, there are no specific figures available for Scope 1, Scope 2, or Scope 3 emissions. Additionally, the organisation has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi).
Given the absence of emissions data and reduction initiatives, it is important to note that OFG Bancorp may still be evaluating its climate strategy in line with industry standards. The lack of reported emissions and targets suggests an opportunity for the organisation to enhance its sustainability efforts and align with best practices in carbon management.
Assessing OFG Bancorp as a supplier or portfolio company?
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OFG Bancorp’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for OFG Bancorp yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
OFG Bancorp11 months ago
23
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