Bank of Maharashtra
Bank of Maharashtra, a prominent public sector bank in India, was established in 1935 and is headquartered in Pune, Maharashtra. With a strong presence across various regions, it primarily operates in the banking and financial services industry, offering a wide range of products and services tailored to meet the needs of its diverse clientele. The bank's core offerings include retail banking, corporate banking, and agricultural finance, distinguished by their customer-centric approach and innovative solutions. Over the years, Bank of Maharashtra has achieved significant milestones, including the introduction of digital banking services that enhance customer convenience. Recognised for its robust financial performance, the bank continues to strengthen its market position, making it a trusted choice for millions of customers across India.
DitchCarbon Score
How does Bank of Maharashtra'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 Maharashtra's score of 0 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank of Maharashtra's reported carbon emissions
In 2023, Bank of Maharashtra reported total carbon emissions of approximately 29,570,000 kg CO2e from Scope 2 and about 377,000 kg CO2e from Scope 1, totalling around 29,947,000 kg CO2e. For 2024, the bank's emissions slightly increased, with Scope 1 emissions at about 374,000 kg CO2e and Scope 2 emissions rising to approximately 31,700,000 kg CO2e, resulting in a total of around 32,074,000 kg CO2e. Currently, Bank of Maharashtra has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction strategies indicates a need for further commitment to addressing climate change and reducing carbon emissions in line with industry standards.
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Add to project| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 377,000 | 000,000 |
| Scope 2 | 29,570,000 | 00,000,000 |
| 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 Maharashtra is not committed to any reduction initiatives 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.
