Eastern Bank Limited (EBL), headquartered in Dhaka, Bangladesh, is a prominent player in the banking and financial services industry. Established in 1992, EBL has consistently evolved, achieving significant milestones that underscore its commitment to innovation and customer service. With a strong presence across major operational regions in Bangladesh, Eastern Bank offers a diverse range of core products and services, including retail banking, corporate banking, and treasury operations. What sets EBL apart is its focus on digital banking solutions, enhancing customer experience through technology-driven services. Recognised for its robust financial performance and customer-centric approach, Eastern Bank Limited has solidified its market position as a trusted financial partner, earning accolades for excellence in service delivery and corporate governance.
How does Eastern Bank'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.
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.
Eastern Bank's score of 23 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Eastern Bank reported total carbon emissions of approximately 1,418,300,000 kg CO2e. This figure includes 505,300,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 257,030,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, amounted to 656,000,000 kg CO2e. Despite the significant emissions figures, Eastern Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or Science-Based Targets Initiative (SBTi) commitments suggests that the bank may still be in the early stages of formalising its climate strategy. As the financial sector increasingly prioritises sustainability, Eastern Bank's future commitments will be crucial in aligning with industry standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2023 | |
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Scope 1 | 505,300,000 |
Scope 2 | 257,030,000 |
Scope 3 | 656,000,000 |
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.
Eastern Bank is not committed to any reduction initiatives 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.