Public Profile

Eastern Bank

Eastern Bank Limited, commonly referred to as Eastern Bank, is a prominent financial institution headquartered in Dhaka, Bangladesh. Established in 1992, the bank has made significant strides in the banking sector, offering a diverse range of services including retail banking, corporate banking, and treasury operations. With a strong presence across major operational regions in Bangladesh, Eastern Bank is recognised for its innovative banking solutions and customer-centric approach. The bank's core products, such as personal loans, credit cards, and SME financing, are designed to meet the unique needs of its clientele, setting it apart in a competitive market. Eastern Bank has achieved notable milestones, including awards for excellence in service quality and digital banking initiatives, solidifying its position as a leader in the Bangladeshi banking industry.

DitchCarbon Score

How does Eastern Bank'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.

26

Industry Benchmark

Eastern Bank'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.

36%

Eastern Bank's reported carbon emissions

In 2023, Eastern Bank reported total carbon emissions of approximately 1,418,300,000 kg CO2e. This figure includes 505,300,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 257,030,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions in the value chain, amounted to 656,000,000 kg CO2e. Despite the significant emissions figures, Eastern Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for sustainability and climate responsibility. As the bank continues to operate within a global context increasingly focused on climate change, establishing measurable reduction goals will be crucial for enhancing their environmental impact and accountability.

Unlock detailed emissions data

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

2023
Scope 1
505,300,000
Scope 2
257,030,000
Scope 3
656,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Eastern Bank'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. Eastern Bank is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Eastern Bank 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.

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

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Where does DitchCarbon data come from?

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