Idfc First Bank

IDFC First Bank, a financial intermediation services company headquartered in India, reported estimated total emissions for 2025 at approximately 104.4 million kg CO2e. This includes Scope 1 emissions of 19,417,160 kg CO2e, Scope 2 emissions of 42,284,120 kg CO2e, and Scope 3 emissions of 42,680,950 kg CO2e.

Looking back, in 2024, the bank's total estimated emissions were about 76.2 million kg CO2e, comprising 566,650 kg CO2e for Scope 1, 36,270,070 kg CO2e for Scope 2, and 39,404,200 kg CO2e for Scope 3. For 2023, IDFC First Bank reported total emissions of 53,637,000 kg CO2e. This figure includes Scope 1 emissions of 566,650 kg CO2e (with 291,100 kg CO2e from stationary combustion), Scope 2 emissions of 36,270,070 kg CO2e (with 24,821,400 kg CO2e from purchased electricity), and Scope 3 emissions of 39,404,200 kg CO2e (including 25,453,000 kg CO2e from business travel, 1,494,000 kg CO2e from employee commute, and 1,577,000 kg CO2e from purchased goods and services). In 2022, the bank's Scope 1 emissions were 291,100 kg CO2e, Scope 2 emissions were 24,821,400 kg CO2e, and Scope 3 emissions were 2,332,000 kg CO2e.

IDFC First Bank has established climate commitments, targeting a 20% renewable energy integration into its energy mix by 2025 for large offices, covering both Scope 1 and Scope 2 emissions. The bank is also in the process of conducting a detailed Task Force on Climate-related Financial Disclosures (TCFD) assessment to evaluate climate-related risks and opportunities. All reported emissions data and climate commitments are directly from IDFC First Bank Limited, as no data is cascaded from a parent organisation.