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Financial Intermediation
LK
updated 11 days ago

DFCC Bank PLC

Company website

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.

23

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.

27

Industry Benchmark

DFCC Bank PLC's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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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 5,000,660 kg CO2e, comprising Scope 1 emissions of approximately 202,270 kg CO2e, Scope 2 emissions of around 1,265,600 kg CO2e, and Scope 3 emissions of about 2,283,790 kg CO2e. This indicates a notable increase in emissions over the four-year period. DFCC Bank has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any emissions data from a parent organisation. The bank's commitment to addressing climate change remains unspecified, and it has not disclosed any initiatives aimed at reducing its carbon footprint. Overall, while DFCC Bank PLC has made strides in reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520182022
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. DFCC Bank PLC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for DFCC Bank PLC is in LK, which has a high grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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