Long-term climate targets
2025 Carbon neutral OP
OP Financial Group aims for carbon neutral emissions from energy and fuels (scope 1 and scope 2) by 2025.
2030 Halving the GHG emission intensity of investments and reducing the emissions of corporate loan portfolios
We will halve our investments’ greenhouse gas emission intensity by 2030. By the end of 2030, we will not engage in direct and active investment in businesses related to coal mining or coal power generation.
OP Financial Group will cut 25% of its corporate loan portfolio emissions by 2030 compared to 2022.
2050 Carbon neutral funds and corporate loan portfolios
OP Corporate Bank is committed to carbon neutrality in its corporate loan portfolios, and in funds managed by OP Asset Management and OP Fund Management Company, by 2050. A similar goal has been set for OP cooperative banks’ corporate loans.