CRDB Bank Plc, a leading financial institution in Tanzania, was established in 1996 and has since become a cornerstone of the banking sector in East Africa. Headquartered in Dar es Salaam, the bank operates extensively across Tanzania, providing a wide range of banking services tailored to meet the needs of individuals, businesses, and corporate clients. Specialising in retail banking, corporate banking, and microfinance, CRDB Bank is renowned for its innovative products, including mobile banking solutions and tailored loan offerings. The bank's commitment to customer service and financial inclusion has positioned it as a market leader, with notable achievements such as being one of the first banks in the region to embrace digital banking technologies. With a strong focus on sustainable growth, CRDB Bank continues to play a pivotal role in the economic development of Tanzania.
How does CRDB Bank Plc'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.
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.
CRDB Bank Plc's score of 20 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CRDB Bank Plc, headquartered in Tanzania (TZ), currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. CRDB Bank Plc may be engaging in various initiatives aimed at reducing its environmental impact, aligning with industry trends towards greater transparency and accountability in carbon emissions management. As the bank continues to develop its climate strategy, stakeholders can anticipate future commitments that may include measurable targets for reducing greenhouse gas emissions across all scopes, particularly as the global focus on climate change intensifies.
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.
CRDB Bank Plc 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.