Axis Bank, officially known as Axis Bank Limited, is a prominent player in the Indian banking sector, headquartered in Mumbai, India. Established in 1993, the bank has grown to become one of the largest private sector banks in the country, with a significant presence across major operational regions including metropolitan cities and rural areas. Specialising in a wide array of financial services, Axis Bank offers products such as retail banking, corporate banking, and wealth management. Its commitment to innovation is evident in its digital banking solutions, which enhance customer experience and accessibility. Notable achievements include being recognised for its robust risk management practices and customer-centric approach, solidifying its position as a trusted financial institution in India.
How does Axisbank'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.
Axisbank's score of 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, Axis Bank reported total carbon emissions of approximately 140,344,990 kg CO2e, with Scope 1 emissions at about 11,347,370 kg CO2e, Scope 2 emissions at approximately 128,997,620 kg CO2e, and Scope 3 emissions at around 41,566,900 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. The bank has set ambitious climate commitments, aiming for net zero emissions by 2050. This long-term goal encompasses both Scope 1 and Scope 2 emissions, with specific initiatives targeting carbon-intensive sectors such as coal, thermal power, shipping, and aviation, set to be scaled down by 2026. In the near term, Axis Bank has implemented measures that resulted in saving approximately 3,250 kg CO2e of emissions in fiscal 2023 through energy efficiency improvements in 600 branches. Additionally, Axis Bank has established a focused target of a 3.5% reduction in emission intensity per full-time employee by the end of fiscal 2027, using fiscal 2023 as the baseline. This commitment aligns with India's climate ambitions and global sustainability standards. Overall, Axis Bank's emissions data and climate commitments demonstrate a proactive stance towards reducing its carbon footprint and contributing to global sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 13,478,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 10,427,000 | - | - | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Axisbank 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.