Bank Asia PLC. Sustainability Profile
Bank Asia PLC, headquartered in Dhaka, Bangladesh, is a prominent player in the banking industry, offering a diverse range of financial services. Established in 1999, the bank has made significant strides in the sector, focusing on retail banking, corporate banking, and SME financing. With a commitment to innovation, Bank Asia has introduced unique products such as mobile banking and internet banking, catering to the evolving needs of its customers. Operating primarily in Bangladesh, Bank Asia has expanded its footprint across major urban centres, ensuring accessibility to its core services. The bank is recognised for its strong market position, having received various accolades for its customer service and technological advancements. With a focus on sustainable growth and community development, Bank Asia PLC continues to play a vital role in the financial landscape of Bangladesh.
DitchCarbon Score
How does Bank Asia PLC.'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
Bank Asia PLC.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Asia PLC.'s reported carbon emissions
Bank Asia PLC., headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Consequently, there are no documented Scope 1, 2, or 3 emissions to analyse or summarise. Furthermore, the bank has not established any formal reduction targets or climate pledges, which limits the ability to assess its commitments towards climate action. Without specific initiatives or targets, it is challenging to evaluate the bank's overall environmental impact or its strategic approach to sustainability. In the context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to mitigate their carbon footprints. However, as of now, Bank Asia PLC. has not publicly committed to such measures or reported any emissions data, leaving a gap in its climate accountability.
How Carbon Intensive is Bank Asia PLC.'s Industry?
How Carbon Intensive is Bank Asia PLC.'s Location?
Bank Asia PLC.'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.
Bank Asia PLC. 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.
