OP Financial Group
OP Financial Group, headquartered in Finland (FI), is a leading cooperative financial services provider established in 1902. With a strong presence across the Nordic region, OP Financial Group operates primarily in the banking, insurance, and asset management sectors. The organisation is renowned for its customer-centric approach, offering a diverse range of products including personal and business banking services, life and non-life insurance, as well as investment solutions. What sets OP Financial Group apart is its commitment to cooperative principles, ensuring that profits are reinvested for the benefit of its members. Over the years, the group has achieved significant milestones, solidifying its position as a trusted financial partner in Finland. With a focus on innovation and sustainability, OP Financial Group continues to lead the market, providing tailored financial solutions that meet the evolving needs of its customers.
DitchCarbon Score
How does OP Financial Group'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 Financial Group's score of 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OP Financial Group's reported carbon emissions
In 2023, OP Financial Group reported total carbon emissions of approximately 2,820,000 kg CO2e, comprising 282,000 kg CO2e from Scope 1 and 7,156,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for net zero emissions for Scopes 1 and 2 by the end of 2025. This target reflects a significant commitment to reducing their carbon footprint in the near term. In 2022, OP Financial Group's emissions were approximately 6,824,000 kg CO2e for Scope 2 and 332,000 kg CO2e for Scope 1, indicating a proactive approach to managing their environmental impact. The Scope 3 emissions, which include business travel, employee commute, and purchased goods and services, were substantial, with approximately 360,000,000 kg CO2e reported in 2022. The company has demonstrated a commitment to sustainability through these reduction initiatives, focusing on both immediate and long-term strategies to mitigate their carbon emissions. OP Financial Group's efforts align with industry standards for climate action, showcasing their dedication to environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 48,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 20,918,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000 |
| Scope 3 | 7,186,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 0,000,000,000 |
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 Financial Group 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.
