Bandhan Bank
Bandhan Bank Limited, headquartered in Kolkata, India, is a prominent player in the Indian banking sector, primarily focusing on microfinance and retail banking. Established in 2015, the bank has rapidly expanded its footprint across various regions, serving millions of customers with a commitment to financial inclusion. The bank offers a diverse range of products and services, including savings accounts, loans, and insurance, tailored to meet the needs of underserved populations. Bandhan Bank's unique approach combines traditional banking with innovative microfinance solutions, setting it apart in the competitive landscape. With a strong market position, Bandhan Bank has achieved significant milestones, including rapid growth in customer base and assets under management. Its dedication to empowering individuals and small businesses has earned it recognition as a leader in the microfinance industry in India.
DitchCarbon Score
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.
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
Bandhan Bank's score of 26 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bandhan Bank's reported carbon emissions
In 2023, Bandhan Bank reported total carbon emissions of approximately 1,284,720 kg CO2e, comprising 470 kg CO2e from Scope 1 and 1,284,250 kg CO2e from Scope 2 emissions. The following year, 2024, emissions increased slightly to about 1,201,540 kg CO2e, with Scope 1 emissions rising to 1,180 kg CO2e. Despite these figures, Bandhan Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or science-based targets suggests that the bank may be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, Bandhan Bank's future climate commitments will be crucial in aligning with industry standards and addressing climate change effectively.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 130 | 000 | 0,000 |
| Scope 2 | 1,134,020 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
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.
