Eastern Bank PLC, commonly referred to as EBL, 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, EBL is recognised for its innovative banking solutions and customer-centric approach. The bank's core products encompass personal loans, credit cards, and various deposit schemes, all designed to meet the evolving needs of its clientele. EBL has garnered a reputation for its commitment to digital banking, making it a leader in the industry. With numerous accolades and a solid market position, Eastern Bank PLC continues to play a vital role in the financial landscape of Bangladesh.
How does Eastern 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.
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.
Eastern Bank PLC.'s score of 28 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Eastern Bank PLC reported total carbon emissions of approximately 1,418,300,000 kg CO2e. This figure includes Scope 1 emissions of about 505,300,000 kg CO2e, Scope 2 emissions of around 257,030,000 kg CO2e, and Scope 3 emissions totalling approximately 656,000,000 kg CO2e. The combined emissions from Scope 1 and Scope 2 amount to about 762,330,000 kg CO2e. Eastern Bank PLC has committed to achieving net zero emissions across all scopes by 2050, aligning with global efforts to limit warming to 1.5 degrees Celsius. This long-term target was established in 2023, reflecting the bank's dedication to sustainable practices and climate responsibility. The bank's emissions data and climate commitments underscore its proactive approach to addressing climate change and reducing its carbon footprint in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 505,300,000 |
Scope 2 | 257,030,000 |
Scope 3 | 656,000,000 |
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 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.