Public Profile

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.

17

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.

13

Industry Benchmark

Icici Bank's score of 17 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Icici Bank's reported carbon emissions

In 2023, ICICI Bank reported total carbon emissions of approximately 149,000,000 kg CO2e, comprising 23,000,000 kg CO2e from Scope 1 and 126,000,000 kg CO2e from Scope 2 emissions. Additionally, the bank's Scope 3 emissions, primarily from business travel, amounted to about 17,735,000 kg CO2e. In 2022, the bank's emissions were slightly lower, with a total of approximately 142,000,000 kg CO2e, including 26,000,000 kg CO2e from Scope 1 and 116,000,000 kg CO2e from Scope 2. The trend shows a commitment to managing emissions, although specific reduction targets or initiatives have not been disclosed. For 2024, ICICI Bank anticipates a total of approximately 126,000,000 kg CO2e, with Scope 1 emissions projected at 25,000,000 kg CO2e, Scope 2 at 101,000,000 kg CO2e, and Scope 3 emissions reaching about 161,250,000 kg CO2e. While ICICI Bank has not specified any formal reduction targets or climate pledges, the ongoing monitoring of emissions across all scopes indicates a recognition of the importance of climate commitments in the banking sector.

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Add to project
20202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Icici Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Icici Bank is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers