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 53 is higher than 75% 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 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 across both Scope 1 and Scope 2 emissions. Additionally, from 2023 to 2026, Axis Bank is committed to reducing its exposure in four carbon-intensive sectors: coal, thermal power, shipping, and aviation. In the near term, they have implemented initiatives that saved approximately 3,250 kg CO2e in fiscal 2023 through energy efficiency measures in 600 branches. Furthermore, Axis Bank has established a target to reduce emission intensity by 3.5% 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, demonstrating the bank's proactive stance in addressing climate change. Overall, Axis Bank's emissions data and climate commitments reflect a strategic focus on sustainability and carbon reduction, positioning the bank as a responsible player in the financial sector's response to climate challenges.
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| 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 |
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.
