Bank of Baroda, often referred to as BoB, is a prominent Indian multinational banking and financial services company headquartered in Vadodara, India. Established in 1908, it has grown to become one of the largest public sector banks in India, with a significant presence in various regions, including Asia, Europe, and the Americas. The bank operates in the financial services industry, offering a diverse range of products and services, including retail banking, corporate banking, and wealth management. Its unique approach combines traditional banking with innovative digital solutions, catering to a wide array of customer needs. With a rich history marked by key milestones, Bank of Baroda has consistently maintained a strong market position, recognised for its customer-centric services and robust financial performance. The bank's commitment to excellence has earned it numerous accolades, solidifying its reputation as a trusted financial partner.
How does Bank of Baroda'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.
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.
Bank of Baroda's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Bank of Baroda reported total carbon emissions of approximately 221,734,270 kg CO2e, comprising about 5,370,450 kg CO2e from Scope 1 and about 216,689,820 kg CO2e from Scope 2 emissions. In 2023, the bank's emissions were approximately 154,798,980 kg CO2e, with Scope 1 emissions at about 5,604,400 kg CO2e and Scope 2 emissions at about 148,354,580 kg CO2e. The 2022 emissions were approximately 122,718,650 kg CO2e, with Scope 1 at about 5,030,810 kg CO2e and Scope 2 at about 117,637,840 kg CO2e. Bank of Baroda has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The emissions data is sourced directly from Bank of Baroda Limited, with no cascading from a parent or related organization. The bank's commitment to reducing its carbon footprint remains unspecified, indicating a potential area for future development in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 5,030,810 | 0,000,000 | 0,000,000 |
Scope 2 | 117,637,840 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - |
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 Baroda 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.