OP Yrityspankki Oyj, commonly known as OP Business Bank, is a prominent financial institution headquartered in Finland (FI). Established in 2005, the bank has rapidly evolved to serve a diverse clientele across various operational regions in Finland, focusing primarily on small and medium-sized enterprises (SMEs). Specialising in corporate banking, OP Yrityspankki offers a range of services including financing solutions, cash management, and advisory services tailored to the unique needs of businesses. Its commitment to customer-centric solutions and innovative financial products distinguishes it within the competitive banking landscape. With a strong market position, OP Yrityspankki has achieved notable milestones, including recognition for its robust service offerings and dedication to fostering business growth. The bank continues to play a vital role in supporting the Finnish economy through its comprehensive financial services.
How does OP Yrityspankki Oyj'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.
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.
OP Yrityspankki Oyj's score of 31 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, OP Yrityspankki Oyj reported total carbon emissions of approximately 179,220,000 kg CO2e for Scope 1 and 17,900,000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions included about 2,977,000 kg CO2e from business travel, 1,051,000 kg CO2e from employee commuting, and a significant 460,000,000 kg CO2e from purchased goods and services. The total emissions intensity for Scope 1 and 2 was reported at about 1,420 kg CO2e per employee. Despite these figures, OP Yrityspankki has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests that while the bank is aware of its emissions, it has yet to establish formal strategies for reduction. This context highlights the importance of ongoing monitoring and commitment to climate action within the financial sector, particularly as global standards for emissions reduction continue to evolve.
Access structured emissions data, company-specific emission factors, and source documents
2020 | |
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Scope 1 | 17,922,000 |
Scope 2 | 17,900,000 |
Scope 3 | 464,028,000 |
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 Yrityspankki Oyj 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.