First Security Islami Bank PLC, commonly referred to as FSIBL, is a prominent financial institution headquartered in Dhaka, Bangladesh. Established in 1999, the bank has made significant strides in the Islamic banking sector, offering a range of Shariah-compliant financial products and services. With a strong presence across major operational regions in Bangladesh, FSIBL caters to both individual and corporate clients. The bank's core offerings include savings accounts, investment financing, and various retail banking services, all designed to meet the diverse needs of its customers while adhering to Islamic principles. FSIBL has garnered recognition for its commitment to ethical banking practices and customer satisfaction, positioning itself as a leader in the Islamic banking industry. Notable achievements include a robust growth trajectory and a reputation for innovation in financial solutions.
How does First Security Islami 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.
First Security Islami Bank PLC's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First Security Islami Bank PLC, headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As of now, the bank has not inherited any emissions data from a parent or related organization, and there are no initiatives such as Science Based Targets Initiative (SBTi) or Climate Disclosure Project (CDP) targets reported. This lack of data suggests that First Security Islami Bank PLC may still be in the early stages of developing its climate commitments and emissions reporting framework. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and reduction targets to align with global sustainability goals.
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.
First Security Islami 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.