Federal Bank

Federal Bank's 2025 emissions reached approximately 134.98 million kg CO2e, encompassing Scope 1, Scope 2, and Scope 3 emissions. This figure includes approximately 2.11 million kg CO2e for Scope 1, 29.62 million kg CO2e for Scope 2, and 102.89 million kg CO2e for Scope 3. In 2024, total emissions were approximately 47.27 million kg CO2e, with Scope 1 at about 3.87 million kg CO2e, Scope 2 at approximately 28.08 million kg CO2e, and Scope 3 at approximately 15.38 million kg CO2e. The bank's Scope 3 emissions in 2025 were heavily influenced by purchased goods and services (28.42 million kg CO2e) and upstream leased assets (16.34 million kg CO2e), while in 2024, employee commute accounted for a significant portion of its Scope 3 footprint (10.48 million kg CO2e).

For 2023, Federal Bank reported total emissions of approximately 47.27 million kg CO2e, comprising Scope 1 (3.87 million kg CO2e), Scope 2 (28.08 million kg CO2e), and Scope 3 (15.38 million kg CO2e). In 2022, the total emissions were approximately 54.11 million kg CO2e, with Scope 1 at 2.77 million kg CO2e, Scope 2 at 32.86 million kg CO2e, and Scope 3 at 18.47 million kg CO2e.

Federal Bank, operating within financial intermediation services (excluding insurance and pension funding), has disclosed its emissions across Scope 1, 2, and 3. While specific reduction targets and climate initiatives are not detailed in the provided information, the reporting of emissions data indicates an awareness of its environmental impact. The bank's emissions data is sourced directly, without being cascaded from a parent organisation.