OTP Bank, a leading financial institution headquartered in Hungary (HU), has established itself as a prominent player in the financial intermediation services sector, specifically excluding insurance and pension funding services (65). Founded in 1949, OTP has expanded its operations across Central and Eastern Europe, serving millions of customers with a diverse range of banking solutions.
The bank offers unique core products, including retail banking, corporate banking, and investment services, distinguished by their customer-centric approach and innovative technology. OTP Bank's commitment to excellence has earned it a strong market position, recognised for its robust financial performance and extensive branch network. With a rich history and a focus on sustainable growth, OTP continues to shape the financial landscape in the region.
+16 vs industry average
Otp’s score of 51 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Otp's reported carbon emissions
OTP Group, headquartered in Hungary and operating within financial intermediation services, is committed to reducing its environmental impact. For the reporting year 2025, OTP Group reported Scope 1 emissions of approximately 143 million kg CO2e and Scope 2 emissions (market-based) of about 45 million kg CO2e. In 2024, Scope 1 emissions were approximately 118 million kg CO2e, with Scope 2 emissions (market-based) at around 46 million kg CO2e. OTP Group has set several ambitious climate targets. The company aims for net-zero carbon emissions by 2030, a goal that includes achieving total carbon neutrality. Furthermore, OTP Group plans to reduce greenhouse gas emissions from its buildings by 41.5% by 2030, using 2021 as a baseline. Complementing this, they intend to decrease emissions from their vehicle fleet by 8% compared to the 2024 level. Specific to its Serbian subsidiary, the aim is to be carbon-neutral by 2027. Previous targets included reducing Scope 1 and Scope 2 emissions by 30% from 2020 levels by 2030, and a near-term goal to reduce Scope 1 and Scope 2 emissions to near zero by the mid-2020s. While Scope 3 emissions data is not fully disclosed, OTP Group is actively working towards its sustainability objectives.
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Otp’s Climate Goals (2030 & 2050)
7 goals2030
41.5% reduction in all scopes
OTP Bank plans to reduce GHG emissions from buildings by 41.5% by 2030 compared to the 2021 baseline, and to reduce emissions from its vehic…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Otp
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