DFCC Bank PLC Sustainability Profile
DFCC Bank PLC, headquartered in Sri Lanka, is a leading financial institution renowned for its comprehensive banking solutions. Established in 1955, the bank has evolved significantly, marking key milestones in the Sri Lankan banking sector. With a strong presence across major operational regions, DFCC Bank primarily focuses on commercial banking, investment banking, and leasing services. The bank offers a diverse range of core products, including personal loans, business financing, and innovative digital banking solutions, setting itself apart with a commitment to customer-centric service. DFCC Bank has garnered a solid market position, recognised for its robust financial performance and contributions to sustainable development in Sri Lanka. As a pioneer in the industry, DFCC Bank continues to uphold its reputation for excellence and reliability in the financial landscape.
DitchCarbon Score
How does DFCC 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.
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
DFCC Bank PLC's score of 20 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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DFCC Bank PLC's reported carbon emissions
In 2022, DFCC Bank PLC reported total carbon emissions of approximately 7,752,610 kg CO2e. This figure includes Scope 1 emissions of about 628,420 kg CO2e, Scope 2 emissions of approximately 4,622,800 kg CO2e, and Scope 3 emissions totalling around 2,501,390 kg CO2e. Comparatively, in 2018, the bank's emissions were significantly lower, with total emissions of about 2,823,660 kg CO2e, comprising 202,270 kg CO2e from Scope 1, 1,265,600 kg CO2e from Scope 2, and 2,283,790 kg CO2e from Scope 3. In 2015, the total emissions were approximately 2,215,300 kg CO2e, with Scope 1 at 215,200 kg CO2e, Scope 2 at 988,200 kg CO2e, and Scope 3 at 1,475,900 kg CO2e. Despite the increase in emissions in 2022, DFCC Bank PLC has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate strategy. The emissions data is not cascaded from any parent organization, and all figures are directly reported by DFCC Bank PLC.
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| 2015 | 2018 | 2022 | |
|---|---|---|---|
| Scope 1 | 215,200 | 000,000 | 000,000 |
| Scope 2 | 988,200 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,475,900 | 0,000,000 | 0,000,000 |
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DFCC Bank PLC'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.
DFCC Bank PLC 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.
