IFIC Bank PLC Sustainability Profile
IFIC Bank PLC, officially known as International Finance Investment and Commerce Bank Limited, is a prominent financial institution headquartered in Dhaka, Bangladesh. Established in 1999, the bank has made significant strides in the banking sector, offering a diverse range of services across retail, corporate, and investment banking. With a strong presence in major operational regions throughout Bangladesh, IFIC Bank is renowned for its innovative financial products, including personal loans, corporate financing, and remittance services. The bank's commitment to customer-centric solutions and digital banking initiatives has positioned it as a leader in the industry. Recognised for its robust financial performance and customer satisfaction, IFIC Bank continues to enhance its market position through strategic partnerships and technological advancements, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does IFIC Bank PLC'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
IFIC Bank PLC's score of 16 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IFIC Bank PLC's reported carbon emissions
IFIC Bank PLC, headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a result, IFIC Bank PLC's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. The bank's approach to climate action and sustainability is not detailed in the available information, leaving a gap in understanding its environmental impact and commitments within the banking sector.
How Carbon Intensive is IFIC Bank PLC's Industry?
How Carbon Intensive is IFIC Bank PLC's Location?
IFIC Bank PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
IFIC Bank PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
