CSB Bank Limited Sustainability Profile
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 21 is lower than 83% 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 4,524,530 kg CO2e for Scope 1 and about 13,748,000 kg CO2e for Scope 2, resulting in a combined total of approximately 18,272,530 kg CO2e. This reflects a slight decrease in Scope 1 emissions from 2022, where they were about 4,747,680 kg CO2e, while Scope 2 emissions decreased from approximately 6,318,000 kg CO2e. CSB Bank Limited has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The bank's climate commitments remain unspecified, indicating a potential area for future development in their sustainability strategy. The emissions data is not cascaded from any parent organization, and all figures are directly reported by CSB Bank Limited. The bank's commitment to reducing its carbon footprint will be crucial as it navigates the evolving landscape of corporate climate responsibility.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,747,680 | 0,000,000 |
| Scope 2 | 6,318,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is CSB Bank Limited's Industry?
How Carbon Intensive is CSB Bank Limited's Location?
CSB Bank Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CSB Bank Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
