Airtel Payments Bank Ltd. Sustainability Profile
Airtel Payments Bank Ltd., a subsidiary of Bharti Airtel, is a leading player in the Indian digital banking sector, headquartered in India. Established in 2016, the bank has rapidly expanded its operations across major regions, providing innovative financial solutions to millions of customers. Specialising in digital banking services, Airtel Payments Bank offers a range of products, including savings accounts, money transfers, and bill payments, all designed to enhance customer convenience. Its unique integration with Airtel's extensive telecom network allows for seamless transactions and accessibility, setting it apart in the competitive landscape. With a commitment to financial inclusion, Airtel Payments Bank has achieved significant milestones, including being one of the first banks to receive a payments bank licence from the Reserve Bank of India. This positions the bank as a formidable force in the evolving fintech industry, dedicated to transforming the way banking is perceived and accessed in India.
DitchCarbon Score
How does Airtel Payments Bank Ltd.'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
Airtel Payments Bank Ltd.'s score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Airtel Payments Bank Ltd.'s reported carbon emissions
Airtel Payments Bank Ltd., headquartered in India, currently does not have available data on its carbon emissions, as no emissions figures have been reported. Consequently, there are no specific details regarding Scope 1, Scope 2, or Scope 3 emissions, nor any reduction targets or achievements outlined in their climate commitments. The absence of emissions data suggests that Airtel Payments Bank may still be in the early stages of developing its climate strategy or reporting framework. As such, the company has not yet established any significant reduction initiatives or commitments to industry-standard climate pledges. In the context of the broader industry, many financial institutions are increasingly focusing on sustainability and carbon reduction strategies. Airtel Payments Bank may benefit from aligning with these trends to enhance its environmental impact and transparency in the future.
How Carbon Intensive is Airtel Payments Bank Ltd.'s Industry?
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Airtel Payments Bank Ltd.'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.
Airtel Payments Bank Ltd. 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.
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