Equitas Small Finance Bank
Equitas Small Finance Bank, headquartered in India, is a prominent player in the banking industry, focusing on providing financial services to underserved segments of the population. Established in 2016, the bank has rapidly expanded its operations across various regions, including Tamil Nadu, Maharashtra, and Gujarat, catering to the needs of both urban and rural customers.
The bank offers a diverse range of products, including savings accounts, fixed deposits, and microfinance solutions, distinguished by their customer-centric approach and competitive interest rates. Equitas Small Finance Bank has achieved significant milestones, such as receiving the Best Small Finance Bank award, reflecting its commitment to financial inclusion and innovation. With a strong market position, it continues to enhance its services, making banking accessible and affordable for all.
-14 vs industry average
Equitas Small Finance Bank’s score of 21 is lower than 15% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Equitas Small Finance Bank's reported carbon emissions
In 2023, Equitas Small Finance Bank reported total emissions of approximately 568,270 kg CO2e, comprising 133,090 kg CO2e from Scope 1 and 435,180 kg CO2e from Scope 2. The bank has not disclosed any Scope 3 emissions data. Equitas Small Finance Bank has not set specific reduction targets or initiatives as part of its climate commitments, and there are no climate pledges or SBTi targets reported. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting. The bank's emissions intensity metrics indicate a focus on reducing emissions relative to revenue and employee count, although specific reduction initiatives have not been outlined. As the bank continues to develop its sustainability strategy, future commitments may emerge to address its carbon footprint more comprehensively.
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Equitas Small Finance Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Equitas Small Finance Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Equitas Small Finance Bank
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