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Public Profile
Financial Intermediation
FI
updated a month ago

OP Yrityspankki Oyj

Company website

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.

DitchCarbon Score

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.

33

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.

27

Industry Benchmark

OP Yrityspankki Oyj's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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OP Yrityspankki Oyj's reported carbon emissions

In 2020, OP Yrityspankki Oyj reported total carbon emissions of approximately 17,922,000 kg CO2e for Scope 1 and about 17,900,000 kg CO2e for Scope 2 emissions. The Scope 3 emissions included approximately 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. Despite these figures, OP Yrityspankki Oyj has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from the OP Financial Group, where OP Yrityspankki Oyj operates as a current subsidiary. The company has not reported any climate pledges or initiatives such as Science-Based Targets Initiative (SBTi) commitments, indicating a potential area for future development in their sustainability strategy. Overall, while the emissions data provides a snapshot of their carbon footprint, the absence of reduction targets suggests that OP Yrityspankki Oyj may need to enhance its climate action framework.

Unlock detailed emissions data

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2020
Scope 1
17,922,000
Scope 2
17,900,000
Scope 3
464,028,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OP Yrityspankki Oyj'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. This request for OP Yrityspankki Oyj is in FI, which has a very low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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