India Post Payments Bank Limited
India Post Payments Bank Limited (IPPB), headquartered in India, is a pioneering entity in the banking sector, established in 2018. As a wholly-owned subsidiary of India Post, it operates across various regions, leveraging the extensive postal network to provide banking services to underserved populations. Focusing on financial inclusion, IPPB offers a range of core products, including savings accounts, money transfer services, and bill payments, all designed to be accessible and user-friendly. Its unique approach combines traditional banking with the vast reach of postal services, making it a significant player in the Indian banking landscape. With a commitment to innovation and customer service, IPPB has achieved notable milestones, positioning itself as a leader in the payments bank segment. Its dedication to enhancing financial literacy and accessibility continues to drive its growth and impact in the industry.
DitchCarbon Score
How does India Post Payments Bank Limited'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 Services Auxiliary to 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
India Post Payments Bank Limited's score of 14 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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India Post Payments Bank Limited's reported carbon emissions
India Post Payments Bank Limited currently does not have any publicly available carbon emissions data, as indicated by the absence of specific emissions figures. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a result, the organisation's climate commitments and initiatives remain unspecified. Without emissions data or reduction targets, it is challenging to assess their environmental impact or commitment to sustainability. In the broader context of the banking industry, many institutions are increasingly focusing on carbon neutrality and sustainability initiatives, often setting science-based targets to reduce their carbon footprints. However, India Post Payments Bank Limited has not yet disclosed any such commitments or initiatives.
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.
India Post Payments Bank Limited 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.
