Dhaka Bank PLC. Sustainability Profile
Dhaka Bank PLC, a prominent financial institution headquartered in Dhaka, Bangladesh, has been serving the banking needs of its clients since its establishment in 1995. With a strong presence across major operational regions in Bangladesh, the bank operates within the commercial banking sector, offering a diverse range of services tailored to both individual and corporate clients. The bank's core products include retail banking, corporate banking, and treasury services, distinguished by their customer-centric approach and innovative solutions. Over the years, Dhaka Bank has achieved significant milestones, including recognition for its commitment to sustainable banking practices and digital transformation initiatives. As a key player in the Bangladeshi banking industry, Dhaka Bank PLC continues to enhance its market position through strategic growth and a focus on delivering exceptional financial services.
DitchCarbon Score
How does Dhaka 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
Dhaka Bank PLC.'s score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dhaka Bank PLC.'s reported carbon emissions
In 2024, Dhaka Bank PLC reported total carbon emissions of approximately 1,346,000,000 kg CO2e. This figure includes Scope 1 emissions of about 461,000,000 kg CO2e, Scope 2 emissions of around 172,000,000 kg CO2e, and significant Scope 3 emissions totalling approximately 713,000,000 kg CO2e, which includes investments contributing about 1,978,768,000 kg CO2e. The bank has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This target reflects a proactive approach to mitigating climate impact, with a focus on achieving substantial reductions in the near term. In previous years, Dhaka Bank's emissions were significantly lower, with total emissions of approximately 756,000 kg CO2e in 2021 and about 805,000 kg CO2e in 2022. The emissions data indicates a growing awareness and response to climate change, aligning with industry standards for sustainability. Overall, Dhaka Bank PLC is actively working towards reducing its carbon footprint and enhancing its sustainability practices, demonstrating a commitment to environmental responsibility in the banking sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 756,000 | 000,000 | - | 000,000,000 |
| Scope 2 | 2,734,000 | 0,000,000 | - | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 000,000,000 |
How Carbon Intensive is Dhaka Bank PLC.'s Industry?
How Carbon Intensive is Dhaka Bank PLC.'s Location?
Dhaka Bank PLC.'s Scope 3 Categories Breakdown
Dhaka Bank PLC.'s Scope 3 emissions, which decreased by 67% last year and decreased by approximately 67% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 53% of total emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Dhaka 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.
Dhaka 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.
