Public Profile

Ujjivan Small Finance Bank

Ujjivan Small Finance Bank, headquartered in Bengaluru, India, is a prominent player in the Indian banking sector, focusing on financial inclusion and serving underserved communities. Established in 2017, the bank has rapidly expanded its operations across various regions, including urban and semi-urban areas, providing essential banking services to millions. Specialising in microfinance, personal loans, and savings accounts, Ujjivan Small Finance Bank distinguishes itself through its commitment to customer-centric solutions and innovative financial products. The bank has achieved significant milestones, including a robust customer base and recognition for its role in promoting financial literacy. With a strong market position, Ujjivan Small Finance Bank continues to contribute to the economic empowerment of its clients, making it a key player in the small finance banking industry in India.

DitchCarbon Score

How does Ujjivan Small Finance 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.

22

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.

3

Industry Benchmark

Ujjivan Small Finance Bank's score of 22 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

Ujjivan Small Finance Bank's reported carbon emissions

In 2024, Ujjivan Small Finance Bank reported total emissions of approximately 14,883,470 kg CO2e, comprising 887,730 kg CO2e from Scope 1, 1,395,700 kg CO2e from Scope 2, and 295,500 kg CO2e from Scope 3 emissions. The Scope 3 emissions included 14,960 kg CO2e from business travel, 5,610 kg CO2e from employee commute, and 274,890 kg CO2e from purchased goods and services. In the previous year, 2023, the bank's total emissions were about 10,870,170 kg CO2e, with Scope 1 emissions at 591,150 kg CO2e and Scope 2 emissions at 1,027,020 kg CO2e. This indicates a significant increase in emissions in 2024 compared to 2023. Ujjivan Small Finance Bank has not disclosed any specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions across all relevant scopes, demonstrating a commitment to transparency in their environmental impact.

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2021202220232024
Scope 1
369,880
000,000
000,000
000,000
Scope 2
11,031,870
00,000,000
0,000,000
0,000,000
Scope 3
-
-
-
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ujjivan Small Finance Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ujjivan Small Finance Bank is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Ujjivan Small Finance 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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