Icici Bank
ICICI Bank Limited, one of India's leading private sector banks, is headquartered in Mumbai, Maharashtra. Established in 1994, it has grown to become a significant player in the banking and financial services industry, offering a diverse range of products and services. ICICI Bank operates extensively across India and has a notable international presence in countries such as the UK, Canada, and the US. The bank's core offerings include retail banking, corporate banking, and treasury operations, distinguished by innovative digital solutions and customer-centric services. ICICI Bank has achieved several milestones, including being the first Indian bank to launch internet banking in 1998. With a strong market position, it is recognised for its robust financial performance and commitment to technological advancement, making it a preferred choice for millions of customers.
DitchCarbon Score
How does Icici Bank'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
Icici Bank's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Icici Bank's reported carbon emissions
In 2024, ICICI Bank reported total carbon emissions of approximately 39,375,000 kg CO2e. This figure includes 25,000,000 kg CO2e from Scope 1 emissions, 101,000,000 kg CO2e from Scope 2 emissions, and 161,250,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 126,000,000 kg CO2e. In 2023, the bank's emissions were similar, with a total of approximately 39,375,000 kg CO2e, comprising 23,000,000 kg CO2e from Scope 1, 126,000,000 kg CO2e from Scope 2, and 20,000,000 kg CO2e from Scope 3, which included 17,735,000 kg CO2e from business travel. The Scope 1 and 2 emissions combined were about 149,000,000 kg CO2e. For 2022, ICICI Bank's emissions data indicated 26,000,000 kg CO2e from Scope 1 and 116,000,000 kg CO2e from Scope 2, leading to a total of approximately 142,000,000 kg CO2e for Scope 1 and 2 combined. Despite the significant emissions figures, ICICI Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is sourced directly from ICICI Bank Limited, with no cascading from a parent or related organization. Overall, ICICI Bank's emissions reflect its operational scale and the challenges faced in reducing carbon footprints within the banking sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 21,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 128,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Icici Bank 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.
