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Services Auxiliary to Financial Intermediation
IN
updated 9 days ago

Bank of America N.A. (India Branches)

Company website

Bank of America N.A. (India Branches), a prominent entity in the financial services sector, operates under the headquarters located in India. Established in 1904, the bank has evolved significantly, marking key milestones in its journey, including the expansion of its services across major operational regions in India. Specialising in a range of financial solutions, Bank of America offers unique products in corporate banking, investment banking, and wealth management. Its commitment to innovation and customer service distinguishes it in a competitive market. The bank has garnered a strong market position, recognised for its robust risk management practices and comprehensive financial services tailored to meet diverse client needs. With a legacy of excellence, Bank of America N.A. continues to play a vital role in shaping the financial landscape in India.

DitchCarbon Score

How does Bank of America N.A. (India Branches)'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.

27

Industry Average

Mean score of companies in the Services Auxiliary to 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.

29

Industry Benchmark

Bank of America N.A. (India Branches)'s score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Bank of America N.A. (India Branches)'s reported carbon emissions

Inherited from Bank of America Corporation

Bank of America N.A. (India Branches) currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The organisation is a current subsidiary of Bank of America Corporation, which may influence its climate commitments and initiatives. As part of its corporate family, Bank of America Corporation has established various climate commitments, although specific reduction targets or initiatives for the India branches have not been detailed. The lack of emissions data suggests that the India branches may be in the early stages of developing their own climate strategy or reporting framework. In the broader context, Bank of America Corporation has been active in setting ambitious climate goals, which may cascade down to its subsidiaries, including the India branches. However, without specific data or targets reported for the India operations, it is challenging to provide a comprehensive overview of their carbon footprint or climate commitments. Overall, while Bank of America N.A. (India Branches) is part of a larger organisation with a focus on sustainability, further information is needed to assess its individual emissions and climate initiatives effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2010201920202021202220232024
Scope 1
106,870,000
00,000,000
00,000,000
00,000,000
00,000,000
-
-
Scope 2
1,644,068,000
00,000,000
0,000,000
00,000,000
00,000,000
-
-
Scope 3
1,450,834,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank of America N.A. (India Branches)'s primary industry is Services auxiliary to financial intermediation (67), 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. This request for Bank of America N.A. (India Branches) is in IN, which has a very high grid carbon intensity relative to other regions.

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 of America N.A. (India Branches) 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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