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Bank of Baroda
Financial IntermediationIndiaNSE: BANKBARODA.NS
Last verified 2 months agobankofbaroda.in
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.
29
DitchCarbon score
-8 vs industry average
Bank of Baroda’s score of 29 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Bank of Baroda's reported carbon emissions
In 2024, Bank of Baroda reported total emissions of approximately 222,434,270 kg CO2e, comprising 5,370,450 kg CO2e from Scope 1 and 216,689,820 kg CO2e from Scope 2 emissions. The bank has not disclosed any Scope 3 emissions data.
Comparatively, in 2023, the bank's total emissions were approximately 153,398,980 kg CO2e, with Scope 1 emissions at 5,604,400 kg CO2e and Scope 2 emissions at 148,354,580 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024.
Bank of Baroda has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate strategies.
Overall, while Bank of Baroda has made strides in emissions reporting, it currently lacks defined reduction targets or comprehensive climate pledges.
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Bank of Baroda’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bank of Baroda yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Bank of Baroda2 months ago
29
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