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 33 is higher than 54% 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 2022, Dhaka Bank PLC reported total carbon emissions of approximately 805,000 kg CO2e. This figure includes 547,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 258,000 kg CO2e from stationary combustion. Additionally, Scope 2 emissions from purchased electricity accounted for about 2,694,000 kg CO2e. Comparatively, in 2021, the bank's total emissions were around 756,000 kg CO2e, with Scope 1 emissions of 532,000 kg CO2e and Scope 2 emissions of 2,734,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Dhaka Bank PLC has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This target reflects the bank's commitment to sustainability and aligns with industry standards for climate action. The bank's initiatives are documented in their sustainability report, which outlines their strategies for achieving these reduction goals. Overall, Dhaka Bank PLC is actively working towards significant emissions reductions while maintaining transparency in its reporting and commitments.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 756,000 | 000,000 |
| Scope 2 | 2,734,000 | 0,000,000 |
| Scope 3 | - | - |
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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.
