Central Bank Of India Sustainability Profile
Central Bank of India, a prominent player in the Indian banking sector, was established in 1911 and is headquartered in Mumbai, India. As a public sector bank, it operates extensively across various regions in India, providing a wide array of financial services. The bank's core offerings include retail banking, corporate banking, and agricultural finance, distinguished by its commitment to customer service and innovative solutions. With a rich history marked by significant milestones, Central Bank of India has evolved to become a trusted financial institution, catering to millions of customers. Its unique products, such as specialised loan schemes and digital banking services, position it favourably in the competitive landscape. The bank's dedication to financial inclusion and community development further enhances its reputation, making it a key player in the Indian banking industry.
DitchCarbon Score
How does Central Bank Of India'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
Central Bank Of India's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Central Bank Of India's reported carbon emissions
The Central Bank of India currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that the bank may not have established formal commitments to reduce its carbon footprint or engage in climate action at this time. As the financial sector increasingly prioritises sustainability, the Central Bank of India may need to consider developing a comprehensive climate strategy to align with industry standards and expectations. This could involve setting measurable reduction targets and participating in initiatives such as the Science Based Targets initiative (SBTi) to enhance its climate commitments.
How Carbon Intensive is Central Bank Of India's Industry?
How Carbon Intensive is Central Bank Of India's Location?
Central Bank Of India's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Central Bank Of India has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
