Bandhan Bank, officially known as Bandhan Bank Limited, is a prominent financial institution headquartered in Kolkata, India. Established in 2015, the bank has rapidly expanded its footprint across various regions, primarily serving the eastern and northeastern parts of the country. As a key player in the banking industry, Bandhan Bank focuses on retail banking, microfinance, and small and medium enterprises (SMEs), catering to a diverse clientele. The bank's core offerings include savings accounts, loans, and investment products, distinguished by their customer-centric approach and innovative solutions. Bandhan Bank has achieved significant milestones, including becoming one of the fastest-growing banks in India, with a strong emphasis on financial inclusion. Its commitment to serving underbanked populations has solidified its market position, making it a notable name in the Indian banking landscape.
How does Bandhan Bank'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.
Bandhan Bank's score of 24 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bandhan Bank reported total carbon emissions of approximately 1,284,250 tonnes CO2e from Scope 2 and 470 tonnes CO2e from Scope 1. This marked an increase in Scope 1 emissions from 130 tonnes CO2e in 2022, while Scope 2 emissions also rose from about 1,134,020 tonnes CO2e in the previous year. The bank has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development in their sustainability strategy. As Bandhan Bank continues to operate in a rapidly evolving climate landscape, enhancing its focus on carbon reduction and sustainability practices will be crucial for aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 130 | 000 | 0,000 |
Scope 2 | 1,134,020 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
Bandhan Bank is not committed to any reduction initiatives 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.