OP.fi
OP Financial Group, commonly referred to as OP.fi, is a leading Finnish financial services provider headquartered in Helsinki, Finland. Established in 1902, OP has evolved into a comprehensive cooperative banking group, serving millions of customers across the country. Its primary business areas include banking, insurance, and asset management, with a strong emphasis on customer-centric services. OP.fi offers a range of core products, including personal and business banking solutions, insurance policies, and investment services, all designed to meet the diverse needs of its clientele. The company is renowned for its innovative digital banking solutions, which enhance user experience and accessibility. As a prominent player in the Finnish financial market, OP Financial Group has achieved significant milestones, including numerous awards for customer satisfaction and service excellence.
DitchCarbon Score
How does OP.fi'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
OP.fi's score of 16 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OP.fi's reported carbon emissions
In 2023, OP.fi reported total carbon emissions of approximately 1,861,460,000 kg CO2e. This figure includes 23,000 kg CO2e from Scope 1 emissions, 23,739,000 kg CO2e from Scope 2 emissions, and a significant 1,861,440,000,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as business travel, employee commute, and purchased goods and services. In previous years, OP.fi's emissions have shown fluctuations. For instance, in 2022, the total emissions were about 3,393,365,000 kg CO2e, with Scope 1 emissions at 22,000 kg CO2e and Scope 2 emissions at 17,900,000 kg CO2e. The Scope 3 emissions for that year were notably high, reaching approximately 3,392,000,000 kg CO2e. Despite these figures, OP.fi has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for clearer commitments to climate action. Overall, OP.fi's emissions data reflects a substantial environmental impact, particularly from Scope 3 emissions, highlighting the importance of addressing these areas in future sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 48,000 | 00,000 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 20,918,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,888,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000,000 |
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.
OP.fi 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.
