OTP Bank S.A. Sustainability Profile
OTP Bank S.A., a prominent player in the banking sector, is headquartered in Moldova (MD) and operates extensively across Eastern Europe. Established in 1994, the bank has achieved significant milestones, including its integration into the OTP Group, which has bolstered its market presence and operational capabilities. Specialising in retail and corporate banking, OTP Bank S.A. offers a diverse range of financial products and services, including loans, savings accounts, and investment solutions. Its commitment to customer-centric innovation sets it apart in a competitive landscape. With a strong focus on digital banking, OTP Bank S.A. has positioned itself as a leader in providing accessible financial services. Recognised for its robust financial performance and customer satisfaction, OTP Bank S.A. continues to enhance its reputation as a trusted banking partner in the region, contributing to the economic growth of Moldova and beyond.
DitchCarbon Score
How does OTP Bank S.A.'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
OTP Bank S.A.'s score of 35 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OTP Bank S.A., headquartered in Moldova (MD), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The bank is a current subsidiary of OTP Bank Nyrt., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from OTP Bank S.A., it is important to note that emissions data and performance metrics may be inherited from its parent company, OTP Bank Nyrt. This cascading of data suggests that any climate initiatives or targets may align with those set by OTP Bank Nyrt., although specific details are not provided. As a part of the financial services sector, OTP Bank S.A. is likely to be influenced by industry standards and expectations regarding climate action, including potential commitments to the Science Based Targets initiative (SBTi) and other sustainability frameworks. However, without specific data or commitments from OTP Bank S.A., a detailed assessment of its carbon emissions and climate strategies remains unclear.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,060 | 0,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | 4,431 | 0,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,453,000 | 0,000,000 | 000,000 | - | - | - | - | - | - | - | - | 0,000,000 |
How Carbon Intensive is OTP Bank S.A.'s Industry?
How Carbon Intensive is OTP Bank S.A.'s Location?
OTP Bank S.A.'s Scope 3 Categories Breakdown
OTP Bank S.A.'s Scope 3 emissions, which increased by 458% last year and increased by approximately 88% since 2012, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 10% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 57% of Scope 3 emissions.
Top Scope 3 Categories
OTP Bank S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
OTP Bank S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
