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 23 is lower than 78% 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 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, amounted to 656,000,000 kg CO2e. Despite the significant emissions figures, Eastern Bank PLC has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests that the bank may be in the early stages of developing a comprehensive sustainability strategy. As the financial sector increasingly prioritises climate action, Eastern Bank PLC's future commitments will be crucial in aligning with industry standards and addressing climate change effectively.
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 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.