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O-Bank Co Ltd
O-Bank's GHG Emissions Data Preview
In 2023, O-Bank 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
O-Bank has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind O-Bank’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore O-Bank’s data sources below and access millions more through our Disclosure Search.
Insights into O-Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofO-Bank amounted to3,125.65metric 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 O-Bankdecreased by 0.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
O-Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are O-Bank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of O-Bank were 287.07 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has O-Bank reduced its Scope 1 emissions over time?
Since 2021, O-Bank's Scope 1 emissions have increased by 27.45%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2022), O-Bank's Scope 1 emissions increased by 5.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are O-Bank's Scope 2 emissions?
In 2023, O-Bank reported Scope 2 greenhouse gas (GHG) emissions of 2,471.59 tCOâ‚‚e using the market-based method and 2,838.58 tCOâ‚‚e using the location-based method.a
Has O-Bank reduced its Scope 2 emissions over time?
Since 2021, O-Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that O-Bank's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2022), O-Bank's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that O-Bank's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does O-Bank use for Scope 2 reporting?
In 2023, O-Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a
O-Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into O-Bank's Value Chain Emissions
In 2023, O-Bank reported 1,550.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of O-Bank includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
O-Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are O-Bank's Scope 3 emissions?
In 2023, O-Bank reported total Scope 3 emissions of 1,550.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has O-Bank reduced its Scope 3 emissions over time?
Since 2021, O-Bank's Scope 3 emissionshave increased by 130.18%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), O-Bank's Scope 3 emissions increased by 20.69%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does O-Bank disclose?
In 2023, O-Bank reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of O-Bank's Scope 3 emissions?
In 2023, the largest contributors to O-Bank's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 637.6 tCOâ‚‚e(41.11%)
- Fuel- and Energy-Related Services (Cat. 3): 568.37 tCOâ‚‚e(36.65%)
- Purchased Goods and Services (Cat. 1): 201.45 tCOâ‚‚e(12.99%)
O-Bank's Scope 3 Emissions by Categories
Insights into O-Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2023, O-Bank reported Scope 1 greenhouse gas (GHG) emissions of 287.07 tCOâ‚‚e and total revenues of USD 304 millions. This translates into an emissions intensity of 0.94 tCOâ‚‚e per millions USD.a
O-Bank's Scope 1 Emissions Intensity Compared to Peers
How does O-Bank's GHG emissions intensity compare to its peers?
In 2023, O-Bank reported a Scope 1 emissions intensity of 0.94 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.95, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does O-Bank rank on GHG emissions intensity within its industry?
In 2023, O-Bank ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
O-Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into O-Bank's Total Carbon Footprint
In 2023, O-Bank reported a total carbon footprint of 4,676.55 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.74% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to O-Bank's total carbon footprint was Scope 2 emissions, accounting for 60.7% of the company's total carbon footprint, followed by Scope 3 emissions at 33.16%.a