City Bank Sustainability Profile
City Bank, officially known as City Bank Limited, is a prominent financial institution headquartered in Bangladesh (BD). Established in 1983, the bank has made significant strides in the banking sector, offering a diverse range of services including retail banking, corporate banking, and investment solutions. With a strong presence in major operational regions across Bangladesh, City Bank has positioned itself as a leader in the industry. The bank is renowned for its innovative products, such as the City Bank Visa and Mastercard offerings, which cater to the evolving needs of its customers. City Bank's commitment to digital banking has set it apart, enabling seamless transactions and enhanced customer experiences. Over the years, the bank has achieved numerous accolades, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does City 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
City Bank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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City Bank's reported carbon emissions
City Bank, headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Consequently, there are no documented Scope 1, 2, or 3 emissions to analyse. In terms of climate commitments, City Bank has not outlined any reduction targets or initiatives, nor have they made any climate pledges. The lack of data suggests that the bank may still be in the early stages of developing a comprehensive sustainability strategy. As the financial sector increasingly prioritises climate action, City Bank's future commitments and initiatives will be crucial for aligning with industry standards and expectations. Without specific emissions data or targets, it remains essential for the bank to establish clear goals to enhance its environmental performance and contribute to global climate efforts.
How Carbon Intensive is City Bank's Industry?
How Carbon Intensive is City Bank's Location?
City Bank'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.
City Bank 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.
