ICB Islamic Bank Limited, headquartered in Bangladesh (BD), is a prominent player in the Islamic banking sector, offering a range of Shariah-compliant financial services. Established in 2004, the bank has made significant strides in promoting ethical banking practices across the region, with a focus on retail banking, corporate financing, and investment services. With a commitment to customer-centric solutions, ICB Islamic Bank provides unique products such as Murabaha, Ijara, and Musharaka financing, catering to both individual and business needs. The bank's dedication to innovation and compliance with Islamic principles has positioned it as a trusted institution in the financial landscape of Bangladesh. Notable achievements include a growing customer base and recognition for its contributions to the development of Islamic finance in the country.
How does ICB Islamic Bank Limited'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.
ICB Islamic Bank Limited's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ICB Islamic Bank Limited, headquartered in Bangladesh (BD), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that ICB Islamic Bank Limited may not have established formal climate commitments or initiatives aimed at reducing its carbon footprint. In the context of the banking industry, many institutions are increasingly adopting sustainability practices and setting science-based targets to mitigate climate change impacts. However, without specific emissions data or commitments, it is challenging to assess ICB Islamic Bank Limited's position relative to its peers in the sector.
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.
ICB Islamic Bank Limited 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.