Public Profile

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.

19

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.

26

Industry Benchmark

DFCC Bank PLC's score of 19 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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DFCC Bank PLC's reported carbon emissions

DFCC Bank PLC, headquartered in Sri Lanka (LK), reported its carbon emissions data for the years 2015, 2017, and 2018. In 2018, the bank's total emissions amounted to approximately 2,283,790 kg CO2e, with Scope 1 emissions at about 202,270 kg CO2e, Scope 2 emissions at approximately 1,063,330 kg CO2e, and Scope 3 emissions reaching around 2,283,790 kg CO2e. In 2017, DFCC Bank's total emissions were about 2,169,040 kg CO2e, with Scope 1 emissions of approximately 178,010 kg CO2e, Scope 2 emissions at about 1,040,400 kg CO2e, and Scope 3 emissions at around 2,169,040 kg CO2e. The 2015 data shows total emissions of approximately 1,475,900 kg CO2e, with Scope 1 emissions at about 215,200 kg CO2e, Scope 2 emissions at approximately 988,200 kg CO2e, and Scope 3 emissions at around 1,475,900 kg CO2e. Despite the detailed emissions reporting, DFCC Bank has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards.

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201520172018
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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