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 16 is lower than 85% 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 frameworks. In the context of the banking industry, it is increasingly important for financial institutions to establish clear carbon reduction targets and transparent reporting practices to align with global climate goals. Promsvyazbank's current position highlights an opportunity for future engagement in sustainability initiatives and emissions management.
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.
Public Joint-Stock Company Promsvyazbank 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.
