Federal Bank
Federal Bank Limited, headquartered in Kochi, India, is a prominent player in the Indian banking sector, offering a diverse range of financial services. Established in 1945, the bank has grown significantly, with a strong presence across major operational regions, including Kerala, Maharashtra, and Karnataka. Specialising in retail banking, corporate banking, and treasury operations, Federal Bank is known for its innovative products and customer-centric approach. Its core offerings include savings accounts, loans, and investment services, distinguished by competitive interest rates and personalised service. With a robust market position, Federal Bank has received numerous accolades for its performance and commitment to excellence, making it a trusted choice for millions of customers across India.
DitchCarbon Score
How does Federal 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.
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
Federal Bank's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Federal Bank's reported carbon emissions
In 2024, Federal Bank reported total carbon emissions of approximately 15,375,840 kg CO2e from Scope 3, alongside 3,850,000 kg CO2e from Scope 1 and 6,233,000 kg CO2e from Scope 2. This marks a slight increase in Scope 1 and Scope 2 emissions compared to 2023, where emissions were 3,848,000 kg CO2e and 5,292,000 kg CO2e, respectively, while Scope 3 emissions decreased from 18,473,830 kg CO2e. Federal Bank has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. However, the bank has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a proactive stance in addressing climate change. The absence of defined reduction initiatives suggests that while emissions data is available, strategic commitments to reduce these figures are currently lacking. Overall, Federal Bank's emissions reflect the challenges faced by financial institutions in managing their carbon footprint, particularly in Scope 3 emissions, which often constitute the largest share of total emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,503,260 | 0,000,000 | 0,000,000 |
| Scope 2 | 33,953,410 | 0,000,000 | 0,000,000 |
| Scope 3 | 24,959,350 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Federal 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.
