ICB Islamic Bank Limited Sustainability Profile
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.
DitchCarbon Score
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.
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
ICB Islamic Bank Limited's score of 23 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ICB Islamic Bank Limited's reported carbon emissions
ICB Islamic Bank Limited, headquartered in Bangladesh (BD), currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank is a current subsidiary and does not inherit emissions data from a parent organization. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science-Based Targets (SBTi) or other climate pledges. This lack of data suggests that ICB Islamic Bank Limited may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As the financial sector increasingly prioritises sustainability, ICB Islamic Bank Limited may benefit from establishing clear emissions reduction targets and engaging in industry-standard climate initiatives to enhance its environmental impact and align with global climate goals.
How Carbon Intensive is ICB Islamic Bank Limited's Industry?
How Carbon Intensive is ICB Islamic Bank Limited's Location?
ICB Islamic Bank Limited'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.
ICB Islamic Bank Limited 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.
