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The Bank of Ceylon (BOC), established in 1939, stands as a cornerstone of Sri Lanka's financial intermediation services, headquartered in Colombo, LK. With a rich history spanning over eight decades, BOC has evolved into a leading provider of banking solutions, catering to both individual and corporate clients across the island and beyond.
Specialising in a wide array of financial services, including personal banking, corporate finance, and international trade, BOC distinguishes itself through its commitment to customer-centric solutions and innovative banking technologies. The bank has achieved significant milestones, including being the first bank in Sri Lanka to introduce online banking services.
Recognised for its robust market position, BOC continues to play a pivotal role in the economic development of Sri Lanka, consistently earning accolades for its service excellence and financial stability.
24
DitchCarbon score
-13 vs industry average
Bank of Ceylon’s score of 24 is lower than 29% 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 – 2026
2020202120222023202420252026
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 Ceylon's reported carbon emissions
Bank of Ceylon, a financial intermediation services company (65) headquartered in LK, reported Scope 3 emissions of 1,200,000 kg CO2e in 2023, specifically from employee commute.
In 2022, Bank of Ceylon reported total emissions of 27,332,700 kg CO2e. This included Scope 1 emissions of 4,471,600 kg CO2e, Scope 2 emissions of 13,394,600 kg CO2e, and Scope 3 emissions of 8,186,900 kg CO2e. The company also reported total emissions of 25,010,500 kg CO2e in 2021.
In 2020, Bank of Ceylon's Scope 1 emissions were 2,171,000 kg CO2e, Scope 2 emissions were 9,333,000 kg CO2e, and Scope 3 emissions were 5,268,000 kg CO2e. For 2019, the company reported Scope 1 emissions of 3,146,000 kg CO2e and Scope 2 emissions of 12,670,000 kg CO2e.
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Bank of Ceylon’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bank of Ceylon yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Bank of Ceylon1 day ago
24
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