Canara Bank, officially known as Canara Bank Limited, is a prominent financial institution headquartered in Bengaluru, India. Established in 1906, it has grown to become one of the largest public sector banks in the country, offering a wide range of financial intermediation services, excluding insurance and pension funding.
With a strong presence across various regions in India, Canara Bank provides core products such as personal banking, corporate banking, and treasury services. Its commitment to customer-centric solutions and innovative banking technologies sets it apart in the competitive financial landscape.
Notable achievements include its extensive network of branches and ATMs, making banking accessible to millions. Canara Bank continues to strengthen its market position through strategic initiatives and a focus on sustainable growth.
-8 vs industry average
Canara Bank’s score of 27 is lower than 40% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Canara Bank's reported carbon emissions
Canara Bank, headquartered in India and operating within financial intermediation services, reported total Scope 1 and Scope 2 emissions of approximately 230,900,000 kg CO2e for the year 2024. This figure comprises approximately 35,300,000 kg CO2e from Scope 1 and about 195,600,000 kg CO2e from Scope 2 emissions. For the preceding year, 2023, the bank's combined Scope 1 and Scope 2 emissions were approximately 284,400,000 kg CO2e, with Scope 1 accounting for roughly 11,700,000 kg CO2e and Scope 2 for approximately 272,700,000 kg CO2e. While the provided data does not include Scope 3 emissions for either year, Canara Bank does provide emission intensity metrics. In 2024, total Scope 1 and Scope 2 emissions intensity per Indian Rupee of turnover was 1.8089e-10, and in terms of physical output (employees), it was 2.79. For 2023, the intensity was 3.427e-11 per Rupee of turnover and 3.343 per employee. Canara Bank's climate commitments and reduction targets are not detailed in the provided data. The bank has not disclosed any SBTi reduction targets or joined initiatives such as the Climate Pledge.
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Canara Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Canara Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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