First Security Islami Bank PLC Sustainability Profile
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.
DitchCarbon Score
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.
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
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.
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First Security Islami Bank PLC's reported carbon emissions
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.
How Carbon Intensive is First Security Islami Bank PLC's Industry?
How Carbon Intensive is First Security Islami Bank PLC's Location?
First Security Islami Bank PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
First Security Islami Bank PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
