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Commercial Bank of Ceylon, often referred to as ComBank, is a leading financial institution headquartered in Sri Lanka (LK). Established in 1969, it has grown to become a prominent player in the financial intermediation services sector, excluding insurance and pension funding. With a strong presence across Sri Lanka and Bangladesh, ComBank offers a diverse range of banking solutions, including personal and corporate banking, trade finance, and treasury services.
The bank is renowned for its innovative digital banking platforms and customer-centric approach, which set it apart in a competitive market. Over the years, Commercial Bank of Ceylon has achieved numerous accolades, solidifying its position as a trusted financial partner. Its commitment to excellence and sustainable growth continues to drive its success in the financial services industry.
-9 vs industry average
Commercial Bank Of Ceylon’s score of 28 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Commercial Bank Of Ceylon, a financial intermediation services provider based in Sri Lanka, reported its 2023 Scope 1 emissions at 868,000 kg CO2e and Scope 2 emissions at 5,581,000 kg CO2e. The bank has disclosed Scope 1 and Scope 2 emissions data, with Scope 3 data not yet available.
Looking back, the bank's Scope 1 and Scope 2 emissions have fluctuated. In 2022, Scope 1 emissions were 1,880,000 kg CO2e and Scope 2 emissions were 6,496,000 kg CO2e. For 2021, these figures stood at 1,203,000 kg CO2e for Scope 1 and 7,144,000 kg CO2e for Scope 2. In 2020, Scope 1 emissions were 1,079,000 kg CO2e and Scope 2 emissions were 8,413,000 kg CO2e.
Further historical data shows 2019 Scope 1 emissions at 1,282,000 kg CO2e and Scope 2 at 10,957,000 kg CO2e. In 2018, Scope 1 emissions were 1,369,000 kg CO2e and Scope 2 were 10,838,000 kg CO2e. In 2017, the bank reported 1,305,000 kg CO2e for Scope 1 and 12,395,000 kg CO2e for Scope 2.
Commercial Bank Of Ceylon has not publicly disclosed specific quantifiable reduction targets or participation in initiatives such as the Science Based Targets initiative (SBTi) or The Climate Pledge.
No climate goals have been disclosed for Commercial Bank Of Ceylon yet.
No scope 3 category breakdown has been disclosed yet.


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