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.
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.
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.
India Post Payments Bank Limited's score of 11 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, India Post Payments Bank Limited reported significant carbon emissions, totalling approximately 49,583,000,000 kg CO2e for Scope 1, 656,819,000,000 kg CO2e for Scope 2, and 48,494,000,000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 706,402,000,000 kg CO2e. For the previous year, 2024, the emissions were similarly substantial, with Scope 1 emissions at approximately 147,241,000,000 kg CO2e, Scope 2 at 622,670,000,000 kg CO2e, and Scope 3 at 41,500,630,000 kg CO2e, leading to a total of about 769,910,000,000 kg CO2e for Scope 1 and 2. Despite these figures, India Post Payments Bank Limited has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The emissions data is not cascaded from any parent organisation, reflecting the bank's independent reporting on its carbon footprint.
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.
India Post Payments Bank Limited 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.
