Bank VTB PAO

Common Name
Bank VTB
Country
Russia
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
VTBR
Exchange
MOSCOW EXCHANGE
Website
www.vtb.ru
Description
VTB Bank Public Joint Stock Company is a prominent financial institution in Russia, offering a comprehensive range of services across various market segments. Its primary purpose is to provide retail,...

Bank VTB's GHG Emissions Data Preview

In 2023, Bank VTB completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Bank VTB has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Bank VTB’s Greenhouse Gas (GHG) Emissions Data

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a. Bank VTB's Sustainability Report 2023
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Insights into Bank VTB's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Bank VTB amounted to 130,979.7 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Bank VTB increased by 7.19%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Bank VTB's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e+32%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Bank VTB's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Bank VTB were 7,347.1 metric tons of CO₂ equivalent (tCO₂e). a

Has Bank VTB reduced its Scope 1 emissions over time?

Since 2021, Bank VTB's Scope 1 emissions have remained relatively, stable, indicating that Bank VTB's emissions have plateaued with no significant change in its operational footprint. a

Compared to the previous year (2022), Bank VTB's Scope 1 emissions decreased by 24.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Bank VTB's Scope 2 emissions?

In 2023, Bank VTB reported Scope 2 greenhouse gas (GHG) emissions of 123,632.6 tCO₂e without specifying the calculation method. a

Has Bank VTB reduced its Scope 2 emissions over time?

Since 2021, Bank VTB's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Bank VTB 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Bank VTB's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Bank VTB 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Bank VTB use for Scope 2 reporting?

In 2023, Bank VTB reported its Scope 2 emissions using an unspecified methodology. a

Bank VTB's Scope 2 Emissions Over Time

202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bank VTB’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Bank VTB reported Scope 1 greenhouse gas (GHG) emissions of 9,699.1 tCO₂e and total revenues of USD 2,650 millions. This translates into an emissions intensity of 3.66 tCO₂e per millions USD. a

Bank VTB's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000100,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)OIDBank of BeijingYear: 2023Scope 1: 164 tCO2eRevenue: $M 9,321Scope 1 Intensity: 0.02 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MResona HoldingsYear: 2023Scope 1: 4,898 tCO2eRevenue: $M 5,619Scope 1 Intensity: 0.87 tCO2e/$MWoori Financial GroupYear: 2023Scope 1: 10,954 tCO2eRevenue: $M 9,235Scope 1 Intensity: 1.19 tCO2e/$MKotak Mahindra BankYear: 2024Scope 1: 10,353 tCO2eRevenue: $M 8,354Scope 1 Intensity: 1.24 tCO2e/$MOOOversea-Chinese BankingYear: 2024Scope 1: 132 tCO2eRevenue: $M 10,560Scope 1 Intensity: 0.01 tCO2e/$MIIIndustrial Bank of KoreaYear: 2023Scope 1: 6,242 tCO2eRevenue: $M 7,767Scope 1 Intensity: 0.80 tCO2e/$MBOC Hong Kong HoldingsYear: 2023Scope 1: 548 tCO2eRevenue: $M 8,925Scope 1 Intensity: 0.06 tCO2e/$MMalayan BankingYear: 2023Scope 1: 10,997 tCO2eRevenue: $M 5,657Scope 1 Intensity: 1.94 tCO2e/$MBanco Santander BrasilYear: 2023Scope 1: 4,751 tCO2eRevenue: $M 8,239Scope 1 Intensity: 0.58 tCO2e/$MBPER BancaYear: 2023Scope 1: 12,195 tCO2eRevenue: $M 6,361Scope 1 Intensity: 1.92 tCO2e/$MRegions FinancialYear: 2023Scope 1: 6,027 tCO2eRevenue: $M 7,574Scope 1 Intensity: 0.80 tCO2e/$MFifth Third BancorpYear: 2023Scope 1: 9,859 tCO2eRevenue: $M 8,410Scope 1 Intensity: 1.17 tCO2e/$MNatWest GroupYear: 2024Scope 1: 9,402 tCO2eRevenue: $M 18,388Scope 1 Intensity: 0.51 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MFirst Republic BankYear: 2021Scope 1: 3,000 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.60 tCO2e/$MChina Zheshang BankYear: 2023Scope 1: 3,587 tCO2eRevenue: $M 7,378Scope 1 Intensity: 0.49 tCO2e/$MSociete GeneraleYear: 2024Scope 1: 42,867 tCO2eRevenue: $M 54,642Scope 1 Intensity: 0.78 tCO2e/$MLloyds Banking GroupYear: 2024Scope 1: 20,441 tCO2eRevenue: $M 23,345Scope 1 Intensity: 0.88 tCO2e/$MItau Unibanco HoldingYear: 2023Scope 1: 19,208 tCO2eRevenue: $M 30,591Scope 1 Intensity: 0.63 tCO2e/$MDDDeutsche BankYear: 2024Scope 1: 16,978 tCO2eRevenue: $M 31,267Scope 1 Intensity: 0.54 tCO2e/$MSPD BankYear: 2023Scope 1: 900 tCO2eRevenue: $M 24,390Scope 1 Intensity: 0.04 tCO2e/$MBank VTBYear: 2022Scope 1: 9,699 tCO2eRevenue: $M 2,650Scope 1 Intensity: 3.66 tCO2e/$M

How does Bank VTB's GHG emissions intensity compare to its peers?

In 2022, Bank VTB reported a Scope 1 emissions intensity of 3.66 tCO₂e per millions USD. Compared to the peer group median of 0.71, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Bank VTB rank on GHG emissions intensity within its industry?

In 2022, Bank VTB ranked 23 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Bank VTB among the least efficient performers, with one of the highest emissions intensities in its sector. a

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