OTP Factoring Ltd.
OTP Factoring Ltd., headquartered in Romania, is a leading player in the financial services industry, specialising in factoring and receivables management. Established in 2004, the company has made significant strides in providing innovative financial solutions to businesses across Eastern Europe, particularly in Romania and neighbouring regions. With a focus on enhancing cash flow and optimising working capital, OTP Factoring Ltd. offers a range of services, including invoice factoring, reverse factoring, and credit management. What sets them apart is their customer-centric approach and tailored solutions that cater to the unique needs of each client. Recognised for its robust market position, OTP Factoring Ltd. has achieved notable milestones, including a growing portfolio of satisfied clients and a reputation for reliability and efficiency in the factoring sector.
DitchCarbon Score
How does OTP Factoring Ltd.'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 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 Factoring Ltd.'s score of 15 is lower than 100% 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 Factoring Ltd., headquartered in Romania, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of OTP Bank Nyrt., which may influence its climate commitments and reporting practices. As part of its corporate family, OTP Factoring Ltd. inherits climate performance data from OTP Bank Nyrt. at a cascade level of 1. However, there are no documented reduction targets or climate pledges available for OTP Factoring Ltd. at this time. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy. In the broader context, OTP Bank Nyrt. may have its own climate commitments and initiatives that could impact OTP Factoring Ltd.'s future emissions reporting and reduction strategies. As the company progresses, it may adopt industry-standard climate terminology and practices to align with global sustainability goals.
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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 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 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 | 000,000,000 | 0,000,000 | 00,000 |
| Scope 3 | 2,453,000 | 0,000,000 | 000,000 | - | - | - | - | - | - | - | 0,000,000 | - |
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.
OTP Factoring Ltd. 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.
