Axisbank
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.
DitchCarbon Score
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.
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
Axisbank's score of 55 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Axisbank's reported carbon emissions
In 2024, Axis Bank reported total carbon emissions of approximately 15794570 kg CO2e for Scope 1, 149684740 kg CO2e for Scope 2, and 39888280 kg CO2e for Scope 3. This reflects a commitment to transparency in their emissions reporting across all three scopes. For 2023, the bank's emissions were approximately 9439550 kg CO2e (Scope 1), 201192570 kg CO2e (Scope 2), and 54745690 kg CO2e (Scope 3). Notably, the Scope 2 emissions saw a significant increase compared to the previous year, indicating a need for enhanced energy efficiency measures. Axis Bank has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. In the near term, the bank is focused on reducing its operational carbon footprint and enhancing resource efficiency from 2023 to 2025. This strategic approach underscores their dedication to sustainability and aligns with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,790 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 134,750 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 7,763,740 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
