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IndusInd Bank Limited, commonly referred to as IndusInd Bank, is a prominent player in the financial intermediation services sector, headquartered in Mumbai, India. Established in 1994, the bank has rapidly evolved, offering a diverse range of services including retail banking, corporate banking, and treasury operations.
With a strong presence across major operational regions in India, IndusInd Bank is known for its innovative products such as personal loans, credit cards, and digital banking solutions, which cater to the evolving needs of its customers. The bank has achieved significant milestones, including recognition for its customer service excellence and a robust digital banking platform.
As a key player in the Indian banking landscape, IndusInd Bank continues to strengthen its market position through strategic initiatives and a commitment to delivering unique financial solutions.
38
DitchCarbon score
+1 vs industry average
Indusind Bank’s score of 38 is higher than 53% 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 – 2027
20202021202220232024202520262027
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.
Indusind Bank's reported carbon emissions
IndusInd Bank, a financial intermediation services company headquartered in India, reported its latest available emissions data for 2024. The bank's total greenhouse gas emissions were approximately 75,092,000 kg CO2e. This includes 16,977,000 kg CO2e from Scope 1, 48,515,000 kg CO2e from Scope 2, and 9,600,000 kg CO2e from Scope 3.
In 2023, IndusInd Bank's total emissions were approximately 78,964,000 kg CO2e, comprising 19,074,000 kg CO2e from Scope 1, 53,348,000 kg CO2e from Scope 2, and 6,592,000 kg CO2e from Scope 3. Looking back to 2022, the total emissions were approximately 75,984,000 kg CO2e, with 9,552,000 kg CO2e from Scope 1, 57,359,000 kg CO2e from Scope 2, and 9,251,000 kg CO2e from Scope 3. For Scope 3 emissions in 2022, business travel accounted for 623,100 kg CO2e, employee commute for 416,000 kg CO2e, and purchased goods and services for 3,495,000 kg CO2e.
In 2021, the bank's total emissions were approximately 86,381,000 kg CO2e, consisting of 6,698,000 kg CO2e from Scope 1, 58,290,000 kg CO2e from Scope 2, and 21,393,000 kg CO2e from Scope 3. The total emissions for 2020 were approximately 94,337,000 kg CO2e, with Scope 1 at 8,832,000 kg CO2e, Scope 2 at 62,786,000 kg CO2e, and Scope 3 at 13,927,000 kg CO2e.
Further historical data reveals total emissions of approximately 84,396,390 kg CO2e in 2019, including 8,831,600 kg CO2e (Scope 1), 62,785,670 kg CO2e (Scope 2), and 12,779,140 kg CO2e (Scope 3). Notable Scope 3 categories for 2019 include business travel (3,835,640 kg CO2e), employee commute (479,830 kg CO2e), and waste generated in operations (7,619,530 kg CO2e). For 2018, total emissions were approximately 80,557,640 kg CO2e, with 5,299,380 kg CO2e from Scope 1, 60,907,970 kg CO2e from Scope 2, and 14,350,290 kg CO2e from Scope 3. In 2017, total emissions were approximately 69,376,190 kg CO2e, comprising 5,777,280 kg CO2e (Scope 1), 57,801,350 kg CO2e (Scope 2), and 5,797,560 kg CO2e (Scope 3). For 2016, total emissions were approximately 62,210,450 kg CO2e, with 5,937,570 kg CO2e from Scope 1, 51,141,220 kg CO2e from Scope 2, and 5,131,660 kg CO2e from Scope 3.
In 2012, IndusInd Bank reported total emissions of approximately 21,232,543 kg CO2e, which included 2,188,085 kg CO2e from Scope 1 (744,826 kg CO2e from mobile combustion and 1,443,259 kg CO2e from stationary combustion), 18,099,321 kg CO2e from Scope 2 (purchased electricity), and 945,137 kg CO2e from Scope 3. Scope 3 emissions for 2012 included business travel (7,081,125 kg CO2e) and purchased goods and services (267,602 kg CO2e).
IndusInd Bank has disclosed its climate commitments through its CDP submission. The bank has not set any Science-Based Targets initiative (SBTi) approved targets.
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Indusind Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Indusind 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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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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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Indusind Bank10 months ago
38
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