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OTP Bank Nyrt
OTP Bank's GHG Emissions Data Preview
In 2024, 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 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. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
b
bVerified Sources Behind OTP 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 OTP Bank’s data sources below and access millions more through our Disclosure Search.
Insights into OTP Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofOTP Bank amounted to176,546metric 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 2023, the total operational greenhouse gas (GHG) emissions of OTP Bankincreased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
OTP Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are OTP Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of OTP Bank were 118,470 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has OTP Bank reduced its Scope 1 emissions over time?
Since 2019, OTP Bank's Scope 1 emissions have increased by 537.14%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
What are OTP Bank's Scope 2 emissions?
In 2024, OTP Bank reported Scope 2 greenhouse gas (GHG) emissions of 48,834 tCOâ‚‚e using the market-based method and 58,076 tCOâ‚‚e using the location-based method.a
Has OTP Bank reduced its Scope 2 emissions over time?
Since 2019, OTP Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 21.13%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
What methodology does OTP Bank use for Scope 2 reporting?
In 2024, OTP Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a
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 2024, OTP Bank reported 24,835,989 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 2024 disclosure of OTP Bank includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
OTP Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are OTP Bank's Scope 3 emissions?
In 2024, OTP Bank reported total Scope 3 emissions of 24,835,989 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 0%of these emissions originated from upstream activities such as purchased goods and capital goods, while 100%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), OTP Bank's Scope 3 emissions remained relatively stable, indicating that OTP Bank's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does OTP Bank disclose?
In 2024, OTP Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
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 2024, the largest contributors to OTP Bank's Scope 3 emissions were:a
- Investments (Cat. 15): 24,835,989 tCOâ‚‚e(100%)
OTP Bank's Scope 3 Emissions by Categories
Insights into OTP Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, OTP Bank reported Scope 1 greenhouse gas (GHG) emissions of 118,470 tCOâ‚‚e and total revenues of USD 6,856 millions. This translates into an emissions intensity of 17.28 tCOâ‚‚e per millions USD.a
OTP Bank's Scope 1 Emissions Intensity Compared to Peers
How does OTP Bank's GHG emissions intensity compare to its peers?
In 2024, OTP Bank reported a Scope 1 emissions intensity of 17.28 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does OTP Bank rank on GHG emissions intensity within its industry?
In 2024, OTP Bank ranked 26 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places OTP Bank among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into OTP Bank's Total Carbon Footprint
In 2024, OTP Bank reported a total carbon footprint of 25,012,535 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.02% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to OTP Bank's total carbon footprint was Scope 3 emissions, accounting for 99.29% of the company's total carbon footprint, followed by Scope 1 emissions at 0.47%.a