Axisbank Sustainability Profile
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 52 is higher than 70% 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 significant carbon emissions, totalling approximately 113,473,700 kg CO2e for Scope 1, 140,344,990 kg CO2e for Scope 2, and 41,566,900 kg CO2e for Scope 3 emissions. This data reflects the bank's global operations, with a revenue of about USD 9.04 billion. The bank has set ambitious climate commitments, aiming for net zero emissions by 2050, with specific near-term targets to reduce Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. In fiscal 2023, Axis Bank implemented a Centralised Energy Management System (CEMS) across 600 branches, resulting in a reduction of approximately 3,250 kg CO2e in carbon emissions. The bank is also focused on reducing its operational carbon footprint and enhancing resource efficiency, with a targeted 3.5% reduction in emission intensity per full-time employee by the end of fiscal 2027, using fiscal 2023 as the baseline. Axis Bank's emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from its own disclosures. The bank's commitment to scaling down exposure in carbon-intensive sectors, such as coal and thermal power, further underscores its dedication to addressing climate change.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,478,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 0,000 | 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 | 0,000,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Axisbank's Industry?
How Carbon Intensive is Axisbank's Location?
Axisbank'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.
Axisbank 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.
