VTB Bank (public joint-stock company)
VTB Bank, officially known as Public Joint-Stock Company VTB Bank, is a prominent financial institution headquartered in Russia. Established in 1990, VTB has evolved into one of the largest banks in the country, with a significant presence in key operational regions across Europe and Asia. Specialising in a diverse range of services, VTB Bank offers retail and corporate banking, investment banking, and asset management, distinguishing itself through innovative financial solutions tailored to meet client needs. The bank has achieved notable milestones, including its listing on the London Stock Exchange and its strategic partnerships that enhance its market position. With a commitment to sustainability and digital transformation, VTB Bank continues to solidify its reputation as a leader in the banking industry, serving millions of customers while contributing to the economic development of Russia and beyond.
DitchCarbon Score
How does VTB Bank (public joint-stock company)'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
VTB Bank (public joint-stock company)'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.
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VTB Bank (public joint-stock company)'s reported carbon emissions
VTB Bank (public joint-stock company), headquartered in Russia, currently does not have available carbon emissions data for the most recent year, nor does it report specific reduction targets or climate commitments. The absence of emissions data suggests that the bank may not have publicly disclosed its carbon footprint or may be in the early stages of developing its climate strategy. As of now, VTB Bank has not inherited any emissions data from a parent or related organization, indicating that its climate reporting is independent. The bank has not set any Science-Based Targets Initiative (SBTi) reduction targets or made any significant climate pledges. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives. However, VTB Bank's current lack of specific emissions data and commitments highlights an opportunity for the bank to enhance its environmental accountability and align with industry standards for climate action.
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.
VTB Bank (public joint-stock company) 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.
