- COVID-19 pandemic created unprecedented challenges for the Russian economy and the Bank's operations.
Sovcombank PJSC
Greenhouse gas emissions & sustainability report data
In its 2020 reporting, Sovcombank PJSC disclosed greenhouse gas emissions of 77 thousand tCO₂-eq. By scope: Scope 1: 3 thousand tCO₂-eq; Scope 2: 13 thousand tCO₂-eq; Scope 3: 61 thousand tCO₂-eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
77 thousand tCO₂-eq
2020
Water Usage
3.1 thousand m3
2020
Energy Use
46 GWh
2020
📊 Emissions by Scope (2020)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3 thousand tCO₂-eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13 thousand tCO₂-eq |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 61 thousand tCO₂-eq |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Estimated the Bank’s carbon footprint for the first time, analyzing direct and indirect greenhouse gas emissions.
- Energy consumption decreased by 6.6% in 2020 compared to 2019 as a result of energy efficiency initiatives.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop and implement the green office concept by 2023.
- Develop risk management strategy based on ESG factors by 2023.
📅 Medium-term
- 30% of the Bank’s loan portfolio linked to ESG factors by 2025.
- 40% women in top-management positions by 2025.
🔭 Long-term
- Net-zero GHG emissions (Scopes 1 and 2) by 2030.
- 50% of the Bank’s loan portfolio linked to ESG factors by 2030.
- Net-zero GHG emissions (including Scope 3) by 2055.
🌱 ESG Focus Areas
Environmental impactSustainable financeCustomer experienceCommitment to employeesGovernance & compliance