Idbl Bank

Idbl Bank's reported carbon emissions

IDBI Bank, headquartered in India and operating in financial intermediation services, has reported its carbon emissions. In fiscal year 2024, the bank's Scope 1 emissions were approximately 285.97 billion kg CO2e, and Scope 2 emissions were about 1,383.22 billion kg CO2e. For fiscal year 2023, total reported emissions, encompassing Scope 1, 2, and 3 (specifically employee commute), amounted to approximately 4,295,000 kg CO2e. This included Scope 1 emissions of about 495,000 kg CO2e, Scope 2 emissions of approximately 1,200,000 kg CO2e, and Scope 3 (employee commute) emissions of about 2,300,000 kg CO2e. In fiscal year 2022, Scope 1 emissions were approximately 590 kg CO2e and Scope 2 emissions were about 3,908,720 kg CO2e. While specific reduction targets for IDBI Bank are not detailed in the provided information, the bank's reporting indicates a focus on emissions transparency. The environmental reporting includes emission intensity metrics, such as total Scope 1 and 2 emissions per rupee of turnover. For fiscal year 2024, this intensity was approximately 4.7 x 10^-5 kg CO2e per INR, and for fiscal year 2023, it was about 1.4 x 10^-5 kg CO2e per INR. Emission intensity per full-time employee was also reported at approximately 830 count for FY2024 and 220 count for FY2023. IDBI Bank's latest disclosures focus on Scope 1 and Scope 2 emissions, with some reporting of Scope 3 employee commute emissions, but are missing data for other Scope 3 categories such as purchased goods and services.