Public Profile

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.

4

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.

13

Industry Benchmark

Bandhan Bank's score of 4 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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. This represents a slight increase in emissions compared to 2022, where the bank recorded about 1,134,020 kg CO2e in Scope 2 and 130 kg CO2e in Scope 1, totalling approximately 1,134,150 kg CO2e. For 2024, the bank anticipates emissions of about 1,201,540 kg CO2e from Scope 2 and 1,180 kg CO2e from Scope 1, indicating a continued focus on managing their carbon footprint. Currently, Bandhan Bank has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a proactive approach to climate commitments. As the financial sector increasingly prioritises sustainability, Bandhan Bank's future initiatives will be crucial in aligning with industry standards and expectations for carbon reduction.

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Add to project
202220232024
Scope 1
130
000
0,000
Scope 2
1,134,020
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bandhan Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Bandhan Bank is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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