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OP Financial GroupFinland
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Created on: 2017-02-13 16:19:19
Last update: 2022-10-04 16:33:11

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OP Financial Group head office at Vallila, Helsinki. Photo: Arto Alanenpää via Wikimedia Commons (CC BY-SA 4.0)

About OP Financial Group

OP Financial Group, founded in 1891, is one of the largest financial institutions in Finland. It consists of 180 cooperative banks and their central organisation. It has over 1.4 million customer-owners. The group offers retail and commercial banking services as well as insurance services. In 2014 the group acquired the remainder of the shares of Pohjola Bank, which it consolidated under the OP brand. OP’s headquarters are located in Vallila, Helsinki. OP Financial Group became an Equator Principles signatory in December 2016.

Website https://www.op.fi/op-financial-group
Headquarters
Teollisuuskatu 1b 00510
00510 Helsinki
Finland
CEO/chair Timo Ritakallio
President and Group CEO
Supervisor
Finnish Financial Supervisory Authority
Annual report Annual report 2021
Ownership

The Group consists of independent member cooperative banks which are owned by their customers.

Complaints and grievances

OP Financial Group does not operate a compaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

Related Dodgy Deals

OP Financial Group has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Active profiles
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On record profiles

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
OP Financial Group
2021-08-31
FIN
2020
2
2
100
1.01000000003E+38
0
Finland
Profile
Reporting period
2020
PF deals under EP
2
Project names reported
2
% Project names reported
100
20210831
Last update: 2021-08-31
Explanation

EP reporting page: https://equator-principles.com/reporting-op-financial-group-2020/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

What the war in Ukraine teaches us

Lessons for European governments, companies and financiers - a Profundo Expert View
2022-03-04 | Jan Willem van Gelder - Profundo
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA

Documents

Type:
Year:
annual reports
2022-10-04 00:00:00

Annual report 2021

2022-10-04 00:00:00 | OP Financial Group
csr policies
2022-07-04 00:00:00

Exclusion list as of July 4 2022

2022-07-04 00:00:00 | OP Asset Management
annual reports
2021-06-01 00:00:00

Annual report 2020

2021-06-01 00:00:00 | OP Financial Group
csr policies
2021-03-10 00:00:00

Considerations of sustainability risks in employee remuneration

2021-03-10 00:00:00 | OP Financial Group
csr policies
2021-03-09 00:00:00

Principles related to sustainability risks

2021-03-09 00:00:00 | OP Financial Group
other documents
2020-12-08 00:00:00

Collective Commitment to Climate Action - Year One in Review

2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking
annual reports
2020-10-20 00:00:00

Annual report 2019

2020-10-20 00:00:00 | OP Financial Group
annual reports
2020-10-20 00:00:00

CSR report 2019

2020-10-20 00:00:00 | OP Financial Group
csr policies
2020-05-31 00:00:00

Principles for responsible investing

2020-05-31 00:00:00 | OP Asset Management
other documents
2019-09-19 00:00:00

Collective Commitment to Climate Action

2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking
annual reports
2019-07-31 00:00:00

Annual integrated report 2018

2019-07-31 00:00:00 | OP Financial Group
csr policies
2018-11-01 00:00:00

Code of business ethics

2018-11-01 00:00:00 | OP Financial Group
bank documents
2018-08-01 00:00:00

Excluded companies list

2018-08-01 00:00:00 | OP Financial Group
annual reports
2018-03-31 00:00:00

Annual integrated report 2017

2018-03-31 00:00:00 | OP Financial Group
annual reports
2017-03-31 00:00:00

Annual integrated report 2016

2017-03-31 00:00:00 | OP Financial Group
annual reports
2016-03-31 00:00:00

Annual report 2015

2016-03-31 00:00:00 | OP Financial Group
annual reports
2016-03-31 00:00:00

CSR Report 2015

2016-03-31 00:00:00 | OP Financial Group

Policies

Voluntary standards

OP Financial Group has committed itself to the following voluntary standards:
  • Collective Commitment to Climate Action (CCCA)
  • Equator Principles
  • OECD Guidelines for Multinational Enterprises
  • Partnership for Carbon Accounting Financials (PCAF)
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Task Force on Climate-related Financial Disclosures (TCFD)
  • United Nations Global Compact

Investment policies

OP Financial Group's webpage on corporate social responsibility can be accessed here.

Year:
csr policies
2022-07-04 00:00:00

Exclusion list as of July 4 2022

2022-07-04 00:00:00 | OP Asset Management
csr policies
2021-03-10 00:00:00

Considerations of sustainability risks in employee remuneration

2021-03-10 00:00:00 | OP Financial Group
csr policies
2021-03-09 00:00:00

Principles related to sustainability risks

2021-03-09 00:00:00 | OP Financial Group
csr policies
2020-05-31 00:00:00

Principles for responsible investing

2020-05-31 00:00:00 | OP Asset Management
csr policies
2018-11-01 00:00:00

Code of business ethics

2018-11-01 00:00:00 | OP Financial Group

Equator Principles

Implementation and reporting

Contact and complaints

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