Public Joint-Stock Company Promsvyazbank, commonly referred to as PSB, is a prominent financial institution headquartered in Russia. Established in 1995, the bank has grown to become a key player in the Russian banking sector, with a strong presence in major operational regions across the country. Specialising in retail and corporate banking, Promsvyazbank offers a diverse range of services, including loans, deposits, and investment products. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Notably, PSB has achieved significant milestones, including its recognition as one of the leading banks in Russia, reflecting its robust market position and dedication to financial excellence.
How does Public Joint-Stock Company Promsvyazbank'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.
Public Joint-Stock Company Promsvyazbank's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Public Joint-Stock Company Promsvyazbank, headquartered in Russia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As of now, Promsvyazbank does not inherit emissions data from any parent or related organizations, and there are no initiatives such as SBTi (Science Based Targets initiative) or CDP (Carbon Disclosure Project) targets reported. This lack of data suggests that the bank may still be in the early stages of developing its climate commitments or reporting framework. In the context of the banking industry, it is increasingly important for financial institutions to establish clear carbon reduction strategies and transparency in emissions reporting to align with global climate goals. Promsvyazbank's current position highlights an opportunity for future engagement in sustainability practices and climate action initiatives.
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.
Public Joint-Stock Company Promsvyazbank 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.