Public Profile

OFG Bancorp

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.

23

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.

3

Industry Benchmark

OFG Bancorp's score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

OFG Bancorp's reported carbon emissions

OFG Bancorp currently does not have publicly available carbon emissions data for the most recent year, nor are there specific reduction targets or climate commitments outlined. Without concrete figures or initiatives, it is challenging to assess their carbon footprint or climate strategy. However, the absence of data may indicate a need for enhanced transparency in their environmental impact reporting. As the financial sector increasingly prioritises sustainability, OFG Bancorp may benefit from establishing clear climate commitments and measurable reduction targets to align with industry standards and stakeholder expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OFG Bancorp'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. OFG Bancorp is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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.

OFG Bancorp is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Similar Organizations

Banco Popular de Puerto Rico

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago
DitchCarbon Score

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