AB Bank PLC. Sustainability Profile
AB Bank PLC, headquartered in Bangladesh (BD), is a prominent player in the banking industry, offering a diverse range of financial services. Established in 1981, AB Bank has consistently evolved, marking significant milestones in its journey, including the introduction of innovative banking solutions tailored to meet customer needs. With a strong presence in major operational regions across Bangladesh, AB Bank focuses on retail banking, corporate banking, and treasury services. Its core products, such as personal loans, business financing, and digital banking solutions, are designed to provide unique value through customer-centric approaches and advanced technology. Recognised for its commitment to excellence, AB Bank PLC has achieved notable accolades, solidifying its position as a trusted financial institution in the region. The bank continues to strive for growth and innovation, ensuring it remains at the forefront of the banking sector in Bangladesh.
DitchCarbon Score
How does AB Bank PLC.'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.
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.
Industry Benchmark
AB Bank PLC.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AB Bank PLC.'s reported carbon emissions
AB Bank PLC, headquartered in Bangladesh (BD), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that AB Bank PLC may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability practices to mitigate climate impact. However, without specific emissions data or reduction initiatives, AB Bank PLC's current climate commitments remain unclear.
How Carbon Intensive is AB Bank PLC.'s Industry?
How Carbon Intensive is AB Bank PLC.'s Location?
AB Bank PLC.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AB Bank PLC. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
