Idbl Bank
IDBI Bank, officially known as Industrial Development Bank of India, is a prominent financial institution headquartered in Mumbai, India. Established in 1964, IDBI Bank has evolved into a key player in the banking sector, offering a diverse range of services including retail banking, corporate banking, and treasury operations. With a strong presence across major operational regions in India, IDBI Bank is recognised for its innovative financial products, such as customised loan solutions and digital banking services. The bank has achieved significant milestones, including its transformation into a universal bank in 2005, which has enhanced its market position. IDBI Bank's commitment to customer-centric services and robust financial solutions has earned it a reputable standing in the industry, making it a preferred choice for both individual and corporate clients.
DitchCarbon Score
How does Idbl 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
Idbl Bank's score of 4 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Idbl Bank's reported carbon emissions
In 2024, IDBL Bank reported significant carbon emissions, with Scope 1 emissions at approximately 285,970 kg CO2e and Scope 2 emissions reaching about 13,832,240 kg CO2e. This marks a notable increase in Scope 2 emissions compared to 2023, where they were approximately 3,508,130 kg CO2e, and a decrease in Scope 1 emissions from about 580 kg CO2e in 2023. The bank's emissions data indicates a trend of fluctuating emissions, with total Scope 1 and Scope 2 emissions reflecting the bank's operational impact on climate change. However, there are currently no documented reduction targets or climate pledges from IDBL Bank, suggesting a need for more robust commitments to address their carbon footprint effectively. Overall, IDBL Bank's emissions data highlights the importance of establishing clear climate commitments and reduction strategies to mitigate their environmental impact in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 590 | 000 | 000,000 |
| Scope 2 | 3,908,720 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Idbl 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.
