Gazprombank
Gazprombank, officially known as Gazprombank (Joint Stock Company), is a prominent financial institution headquartered in Russia. Established in 1990, it has grown to become one of the largest banks in the country, primarily serving the energy sector and related industries. With a strong presence in major operational regions, including Moscow and St. Petersburg, Gazprombank offers a diverse range of services, including corporate banking, investment banking, and asset management. The bank is renowned for its unique approach to financing large-scale projects, particularly in the oil and gas sectors, which has solidified its market position. Notable achievements include its role in facilitating significant infrastructure developments and its commitment to sustainable financing solutions. Gazprombank continues to be a key player in the Russian banking landscape, leveraging its extensive expertise to support both domestic and international clients.
DitchCarbon Score
How does Gazprombank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gazprombank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gazprombank's reported carbon emissions
In 2021, Gazprombank reported total carbon emissions of approximately 45,200,000 kg CO2e, which includes 7,900,000 kg CO2e from Scope 1 emissions and 37,300,000 kg CO2e from Scope 2 emissions. The bank has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, Gazprombank has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The absence of initiatives such as Science Based Targets (SBTi) or other reduction strategies suggests that the bank may need to enhance its climate action framework to align with industry standards. As of now, Gazprombank's emissions data is not cascaded from any parent organization, and all reported figures are directly attributed to Gazprombank (Joint-stock Company). The bank's current climate commitments and reduction initiatives remain unclear, highlighting an opportunity for improvement in their sustainability practices.
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| 2021 | |
|---|---|
| Scope 1 | 7,900,000 |
| Scope 2 | 37,300,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gazprombank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
