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.
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 35 is higher than 60% 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, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. However, the organisation has set ambitious climate commitments aimed at achieving net-zero emissions across all scopes. They have established an interim target to reduce emissions by approximately 50% by 2030 for assets committed to net zero. This target reflects a proactive approach to climate action, aligning with industry standards for sustainability. As of now, there are no emissions data cascaded from parent organisations, indicating that OFG Bancorp is independently managing its climate initiatives. The commitment to significant emissions reduction demonstrates the bank's dedication to addressing climate change and contributing to a more sustainable future.
Industry emissions intensity
Location emissions 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 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.
