India Exim Bank, officially known as the Export-Import Bank of India, is a premier financial institution headquartered in Mumbai, India. Established in 1982, the bank plays a pivotal role in facilitating international trade by providing a range of financial products and services tailored for exporters and importers. With a strong presence across major operational regions, including Asia, Africa, and Latin America, India Exim Bank supports the growth of Indian businesses in the global market. Its core offerings include export credit, project finance, and trade finance, distinguished by their focus on promoting sustainable development and enhancing competitiveness. Recognised for its significant contributions to India's export sector, the bank has achieved notable milestones, including partnerships with various international financial institutions. As a key player in the export finance industry, India Exim Bank continues to strengthen India's position in global trade.
How does India Exim 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 Services Auxiliary to 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.
India Exim Bank's score of 37 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, India Exim Bank reported total carbon emissions of approximately 1,801,260 kg CO2e. This figure includes 176,790 kg CO2e from Scope 1 emissions, 1,315,540 kg CO2e from Scope 2 emissions, and 308,920 kg CO2e from Scope 3 emissions. The bank's emissions increased from about 1,262,450 kg CO2e in 2022, indicating a rise in carbon output despite ongoing climate commitments. For 2024, the projected emissions are approximately 1,768,190 kg CO2e, with Scope 1 emissions at 138,890 kg CO2e, Scope 2 at 1,300,980 kg CO2e, and Scope 3 at 328,320 kg CO2e. This suggests a slight decrease in total emissions compared to 2023, although the overall trend shows an increase over the past two years. India Exim Bank has not set specific reduction targets or climate pledges, which may limit its ability to effectively address its carbon footprint. The bank's emissions per employee were reported at 2,280 kg CO2e in 2023, and emissions per square foot were approximately 6 kg CO2e. These metrics highlight the need for enhanced sustainability initiatives to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 148,650 | 000,000 | 000,000 |
Scope 2 | 1,014,580 | 0,000,000 | 0,000,000 |
Scope 3 | 99,220 | 000,000 | 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.
India Exim 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.