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 28 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BRAC Bank's reported carbon emissions
In 2023, BRAC Bank reported significant carbon emissions totalling approximately 1,527,000 kg CO2e for Scope 1, 11,458,360 kg CO2e for Scope 2, and a substantial 1,137,433,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes about 1,122,383,000 kg CO2e from investments, 7,079,770 kg CO2e from business travel, 3,874,000 kg CO2e from employee commuting, and 3,923,660 kg CO2e from purchased goods and services. Despite these figures, BRAC Bank has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a need for further commitment to sustainability practices. As a financial institution headquartered in Bangladesh (BD), BRAC Bank's emissions profile reflects the broader challenges faced by the banking sector in addressing climate change and reducing greenhouse gas emissions.
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Access structured emissions data, company-specific emission factors, and source documents
| 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 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.
