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Indian Bank, a prominent player in the financial intermediation services sector, is headquartered in Chennai, India. Established in 1907, the bank has a rich history marked by significant milestones, including its merger with Allahabad Bank in 2020, which expanded its operational footprint across the country.
Specialising in a range of services such as retail banking, corporate banking, and treasury operations, Indian Bank is known for its customer-centric approach and innovative financial solutions. Its unique offerings include a variety of loan products, savings accounts, and digital banking services tailored to meet diverse customer needs.
With a strong market position, Indian Bank has consistently been recognised for its robust performance and commitment to financial inclusion, making it a trusted choice for millions of customers across India.
22
DitchCarbon score
-15 vs industry average
Indian Bank’s score of 22 is lower than 15% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Indian Bank's reported carbon emissions
Indian Bank, headquartered in India and operating within the financial intermediation services sector, reported its carbon emissions for 2023. In 2023, its Scope 1 emissions were 3,198,200 kg CO2e, including 103,680 kg CO2e from fugitive emissions. Scope 2 emissions for the same year amounted to 125,461,830 kg CO2e. For 2022, Indian Bank's Scope 1 emissions were 2,261,440 kg CO2e, with 103,680 kg CO2e attributed to fugitive emissions, while Scope 2 emissions totalled 114,701,730 kg CO2e. The bank has disclosed its Scope 1 and Scope 2 emissions, but Scope 3 data is not available. Indian Bank has not publicly disclosed specific carbon reduction targets or commitments, nor does it have any Science Based Targets initiative (SBTi) commitments or a Climate Pledge. Its performance data is self-reported by Indian Bank, with no data cascaded from a parent or related organization.
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Indian Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Indian Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Indian Bank26 days ago
22
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