City Bank
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 3 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
City Bank's reported carbon emissions
In 2023, City Bank reported total carbon emissions of approximately 7,955,000 kg CO2e. This figure includes 247,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 7,708,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the bank's Scope 3 emissions, which encompass all other indirect emissions in the value chain, amounted to about 163,090 kg CO2e. Currently, City Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. As such, the bank's climate commitments remain unclear, and it appears to be in the early stages of addressing its environmental impact. The absence of defined reduction strategies highlights a potential area for improvement in aligning with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 247,000 |
| Scope 2 | 7,708,000 |
| Scope 3 | 163,090 |
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.
City 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.
