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 |
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Verified Sources Behind O-Bank’s Greenhouse Gas (GHG) Emissions Data
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Insights into O-Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of O-Bank amounted to 3,125.65 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 O-Bank decreased 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 CO₂ equivalent (tCO₂e). 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. a b
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 tCO₂e using the market-based method and 2,838.58 tCO₂e 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. a b
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 CO₂ equivalent (tCO₂e) 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 5 of 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 CO₂ equivalent (tCO₂e). 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 emissions have increased by 130.18%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
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 tCO₂e (41.11%)
- Fuel- and Energy-Related Services (Cat. 3): 568.37 tCO₂e (36.65%)
- Purchased Goods and Services (Cat. 1): 201.45 tCO₂e (12.99%)
O-Bank's Scope 3 Emissions by Categories
Insights into O-Bank's Total Carbon Footprint
In 2023, O-Bank reported a total carbon footprint of 4,676.55 metric tons of CO₂ equivalent (tCO₂e) 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