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.
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.
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.
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.
Airtel Payments Bank Ltd., headquartered in India, currently does not have publicly available data on its carbon emissions, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a result, Airtel Payments Bank's climate commitments and initiatives remain unclear. The organisation does not appear to inherit emissions data or reduction targets from a parent company, nor does it participate in recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the context of the industry, it is essential for financial institutions to establish clear climate commitments and emissions reduction strategies to align with global sustainability goals. Without specific data or targets, Airtel Payments Bank's position on climate action remains undefined.
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.
Airtel Payments Bank Ltd. is not participating in any of the initiatives that 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.