DFCC Bank PLC
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 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 628,420 kg CO2e from Scope 1 emissions, which primarily arise from direct fuel combustion, and 4,622,800 kg CO2e from Scope 2 emissions, associated with purchased electricity. Additionally, Scope 3 emissions totalled about 2,501,390 kg CO2e, reflecting indirect emissions from activities such as employee commuting. Comparatively, in 2017, the bank's total emissions were approximately 2,168,040 kg CO2e, indicating a significant increase over the years. The emissions from Scope 1 and 2 in 2017 were 178,010 kg CO2e and 1,040,400 kg CO2e, respectively, while Scope 3 emissions were notably higher at 2,169,040 kg CO2e. Despite the increase in emissions, DFCC Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its operational footprint and highlights the need for ongoing assessment and potential climate commitments in line with industry standards.
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| 2015 | 2017 | 2018 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 215,200 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 988,200 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,475,900 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
DFCC 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.
