CSB Bank Limited
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.
DitchCarbon Score
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.
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
CSB Bank Limited's score of 28 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CSB Bank Limited's reported carbon emissions
In 2023, CSB Bank Limited reported total carbon emissions of approximately 11,220,680 kg CO2e, comprising 4,747,680 kg CO2e from Scope 1 and 6,318,000 kg CO2e from Scope 2 emissions. Notably, there were no reported emissions from Scope 3. The following year, 2024, emissions slightly decreased, with Scope 1 emissions at approximately 4,524,530 kg CO2e and Scope 2 emissions rising to about 13,748,000 kg CO2e. Despite these figures, CSB Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As the bank continues to grow, addressing its carbon emissions will be crucial for aligning with global climate commitments and enhancing its environmental responsibility.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 4,747,680 | 0,000,000 |
| Scope 2 | 6,318,000 | 00,000,000 |
| Scope 3 | - | - |
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.
CSB Bank Limited is not participating in any of the initiatives that 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.
