CSB Bank Limited, formerly known as Catholic Syrian Bank, is a prominent financial institution headquartered in India. Established in 1920, the bank has a rich history and has evolved significantly over the decades, marking key milestones in its journey towards becoming a trusted name in the banking sector. Operating primarily in southern India, CSB Bank offers a diverse range of services, including retail banking, corporate banking, and wealth management. Its unique product offerings, such as tailored loan solutions and innovative digital banking services, cater to the varied needs of its clientele. With a strong focus on customer satisfaction and community engagement, CSB Bank has solidified its market position, earning recognition for its commitment to excellence and reliability in the financial industry.
How does CSB Bank Limited'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.
CSB Bank Limited's score of 26 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CSB Bank Limited reported total carbon emissions of approximately 11,221,680 kg CO2e, comprising 4,747,680 kg CO2e from Scope 1 and 6,318,000 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were recorded at zero, indicating no emissions from purchased goods and services. In 2024, emissions decreased slightly, with Scope 1 emissions at approximately 4,524,530 kg CO2e and Scope 2 emissions rising to about 13,748,000 kg CO2e. This reflects a growing focus on managing energy consumption and emissions, although specific reduction targets or initiatives have not been disclosed. CSB Bank Limited has not established any formal reduction targets or climate pledges, which places it in a broader industry context where many financial institutions are increasingly committing to net-zero goals and science-based targets. The absence of significant reduction initiatives highlights an opportunity for the bank to enhance its climate strategy and align with global sustainability trends.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2023 | 2024 | |
---|---|---|
Scope 1 | 4,747,680 | 0,000,000 |
Scope 2 | 6,318,000 | 00,000,000 |
Scope 3 | - | - |
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.
CSB Bank Limited 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.