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.
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.
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.
IFIC Bank PLC's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
IFIC Bank PLC, headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges. As a result, there is no information on their Scope 1, 2, or 3 emissions, nor any significant achievements in carbon reduction initiatives. The absence of data suggests that IFIC Bank PLC may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the banking industry, it is increasingly important for financial institutions to commit to sustainability and transparency regarding their carbon footprints. Without specific emissions data or targets, IFIC Bank PLC's climate commitments remain unclear.
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.
IFIC Bank PLC 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.