As of 2025, OTP Bank has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 3 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into OTP Bank's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -41%a | 2030 |
Absolute-based Target | Scope 1 - Mobile Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | -8%a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -13%a | 2030 |
Absolute-based Target | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -12%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | -7%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | -30%a | 2030 |
Intensity-based Target | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | -33%a | 2030 |
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As of 2025, OTP Bank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, OTP Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
OTP Bank's most ambitious operational target is to reduce these emissions by 41.5% by 2030, compared to a baseline of 18,977 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a
As of 2025, OTP Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
OTP Bank's most ambitious value chain target is to reduce these emissions by 32.6% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount in 2023.a
As of 2025, OTP Bank is on track to meet its value chain emissions reduction target, having achieved 29.85% of the planned reduction.a