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 25000000 kg CO2e for Scope 1, 101000000 kg CO2e for Scope 2, and 161250000 kg CO2e for Scope 3, resulting in a combined total of about 126000000 kg CO2e for Scope 1 and 2. This marks a slight increase in emissions compared to 2023, where Scope 1 emissions were about 23000000 kg CO2e, Scope 2 emissions were approximately 126000000 kg CO2e, and Scope 3 emissions from business travel were around 17735000 kg CO2e, leading to a total of about 149000000 kg CO2e for Scope 1 and 2. Over the past few years, ICICI Bank's emissions have fluctuated, with 2022 emissions recorded at approximately 26000000 kg CO2e for Scope 1 and 116000000 kg CO2e for Scope 2, totalling about 142000000 kg CO2e for Scope 1 and 2. The bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. ICICI Bank's emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from ICICI Bank Limited. The bank's commitment to addressing climate change remains a critical focus, although specific reduction strategies have yet to be outlined.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 16,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 127,000,000 | 000,000,000 | 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.
