In 2025, OFG Bancorp 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, OFG Bancorp has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2025 | 2024 |
|---|---|---|
Total Scope 1 | 470a | 374a |
Total Scope 2 | ||
Unspecified Calculation Method | 7,181a | 6,915a |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6396a | 0.5255a |
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In 2025, the total operational greenhouse gas (GHG) emissions of OFG Bancorp amounted to 7,651 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 2024, the total operational greenhouse gas (GHG) emissions of OFG Bancorp increased by 4.97%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of OFG Bancorp were 470 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2024), OFG Bancorp's Scope 1 emissions increased by 25.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, OFG Bancorp reported Scope 2 greenhouse gas (GHG) emissions of 7,181 tCO₂e without specifying the calculation method.a
Compared to the previous year (2024), OFG Bancorp's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that OFG Bancorp's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, OFG Bancorp reported its Scope 2 emissions using an unspecified methodology.a
In 2025, OFG Bancorp reported Scope 1 greenhouse gas (GHG) emissions of 470 tCO₂e and total revenues of USD 735 millions. This translates into an emissions intensity of 0.64 tCO₂e per millions USD.a
In 2025, OFG Bancorp reported a Scope 1 emissions intensity of 0.64 tCO₂e per millions USD. Compared to the peer group median of 0.71, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, OFG Bancorp ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
OFG Bancorp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a