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OTP Bank's GHG Emissions Data Preview
In 2022, OTP 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).
OTP Bank has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into OTP Bank's Operational Emissions
In 2022, the total operational greenhouse gas (GHG) emissions of OTP Bank amounted to 85,715 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).
Compared to 2021, the total operational greenhouse gas (GHG) emissions of OTP Bank decreased by 0.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
OTP Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are OTP Bank's Scope 1 emissions?
In 2022, the total Scope 1 emissions of OTP Bank were 29,680 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has OTP Bank reduced its Scope 1 emissions over time?
Since 2018, OTP Bank's Scope 1 emissions have increased by 103.79%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2021), OTP Bank's Scope 1 emissions remained relatively stable, indicating that OTP Bank's emissions have plateaued with no significant change in its operational footprint.
What are OTP Bank's Scope 2 emissions?
In 2022, OTP Bank reported Scope 2 greenhouse gas (GHG) emissions of 44,021 tCOâ‚‚e using the market-based method and 56,035 tCOâ‚‚e using the location-based method.
Has OTP Bank reduced its Scope 2 emissions over time?
Since 2018, OTP Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 24.16%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2021), OTP Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that OTP Bank 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does OTP Bank use for Scope 2 reporting?
In 2022, OTP Bank reported its Scope 2 emissions using the market-based method and using the location-based method.
OTP Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into OTP Bank's Value Chain Emissions
In 2022, OTP Bank reported 5,637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2022 disclosure of OTP Bank includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain
OTP Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are OTP Bank's Scope 3 emissions?
In 2022, OTP Bank reported total Scope 3 emissions of 5,637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
What categories of Scope 3 emissions does OTP Bank disclose?
In 2022, OTP Bank reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of OTP Bank's Scope 3 emissions?
In 2022, the largest contributors to OTP Bank's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 2,874 tCOâ‚‚e (50.98%)
- Business Travel (Cat. 6): 2,763 tCOâ‚‚e (49.02%)
OTP Bank's Scope 3 Emissions by Categories
Insights into OTP Bank's Total Carbon Footprint
In 2022, OTP Bank reported a total carbon footprint of 91,352 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.59% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.
The largest contributor to OTP Bank's total carbon footprint was Scope 2 emissions, accounting for 61.34% of the company's total carbon footprint, followed by Scope 1 emissions at 32.49%.