Bank Asia PLC.
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 22 is lower than 80% 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. Furthermore, the bank has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). This lack of defined climate pledges suggests that Bank Asia PLC. may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to adopt robust climate commitments and transparent emissions reporting to align with global sustainability goals. As of now, Bank Asia PLC. has not cascaded any emissions data or targets from a parent or related organization, indicating a standalone approach to its climate initiatives. Overall, while Bank Asia PLC. has not yet provided specific emissions data or reduction commitments, the growing emphasis on climate action within the financial sector may prompt future developments in this area.
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.
Bank Asia PLC. is not participating in any of the initiatives that 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.
