BRAC Bank
BRAC Bank Limited, a prominent financial institution headquartered in Dhaka, Bangladesh, has been a key player in the banking sector since its establishment in 2001. With a strong focus on small and medium enterprises (SMEs), retail banking, and corporate finance, BRAC Bank has carved a niche for itself in the competitive landscape of Bangladesh's banking industry. The bank offers a diverse range of products and services, including personal loans, business financing, and innovative digital banking solutions, all designed to meet the unique needs of its customers. BRAC Bank is renowned for its commitment to financial inclusion, empowering individuals and businesses across the country. Over the years, it has achieved significant milestones, solidifying its position as a trusted banking partner in Bangladesh.
DitchCarbon Score
How does BRAC Bank'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
BRAC Bank's score of 26 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BRAC Bank's reported carbon emissions
In 2023, BRAC Bank reported significant carbon emissions totalling approximately 1,137,433,000 kg CO2e across all scopes. The breakdown includes about 1,520,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 11,458,360 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 1,134,300,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. Notably, investments account for approximately 1,122,383,000 kg CO2e, while business travel contributes about 7,079,770 kg CO2e, and employee commuting adds around 3,874,000 kg CO2e. Despite the substantial emissions figures, BRAC Bank has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. As a financial institution headquartered in Bangladesh (BD), BRAC Bank's climate strategy will be crucial in addressing the growing concerns surrounding climate change and sustainability within the banking sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2023 | |
|---|---|
| Scope 1 | 1,520,000 |
| Scope 2 | 11,458,360 |
| Scope 3 | 1,137,433,000 |
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.
BRAC Bank 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.
