Bank of Baroda
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.
DitchCarbon Score
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.
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 of Baroda's score of 25 is lower than 60% 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 of Baroda's reported carbon emissions
In 2024, Bank of Baroda reported total carbon emissions of approximately 222,394,270 kg CO2e, comprising 5,370,450 kg CO2e from Scope 1 and 216,689,820 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2023, where emissions were about 154,798,980 kg CO2e, with Scope 1 emissions at 5,604,400 kg CO2e and Scope 2 emissions at 148,354,580 kg CO2e. The bank has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations and energy use. Despite the absence of specific reduction targets or initiatives, Bank of Baroda is committed to addressing its carbon footprint, as evidenced by its ongoing reporting and transparency regarding emissions data. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from Bank of Baroda Limited. The bank's commitment to sustainability is reflected in its efforts to monitor and report emissions, although no specific reduction targets have been established at this time.
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| 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 | - | - | - |
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 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.
