Indusind Bank
IndusInd Bank Limited, commonly referred to as IndusInd Bank, is a prominent private sector bank headquartered in Mumbai, India. Established in 1994, the bank has rapidly expanded its footprint across major operational regions, including metropolitan cities and rural areas, offering a diverse range of financial services. Operating within the banking and financial services industry, IndusInd Bank provides a comprehensive suite of products, including retail banking, corporate banking, and wealth management. Its unique offerings, such as customised financial solutions and innovative digital banking services, set it apart in a competitive market. With a strong market position, IndusInd Bank has achieved significant milestones, including recognition for its customer service excellence and technological advancements. The bank continues to play a vital role in India's economic landscape, catering to the evolving needs of its diverse clientele.
DitchCarbon Score
How does Indusind Bank'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 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
Indusind Bank's score of 52 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indusind Bank's reported carbon emissions
In 2024, IndusInd Bank reported total carbon emissions of approximately 16,977,000 kg CO2e for Scope 1, 48,515,000 kg CO2e for Scope 2, and 9,600,000 kg CO2e for Scope 3, resulting in a combined total of about 65,492,000 kg CO2e for Scope 1 and 2. This marks a decrease from 2023, where emissions were approximately 19,074,000 kg CO2e (Scope 1), 53,348,000 kg CO2e (Scope 2), and 6,592,000 kg CO2e (Scope 3), totalling around 72,422,000 kg CO2e for Scope 1 and 2. The bank has consistently disclosed emissions across all three scopes since 2020, with a notable reduction in Scope 1 emissions from 6,698,000 kg CO2e in 2021 to 6,977,000 kg CO2e in 2024. Scope 2 emissions have also seen fluctuations, with a peak of 62,786,000 kg CO2e in 2020, followed by a decrease in subsequent years. IndusInd Bank has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the bank remains committed to transparency in its emissions reporting and has made efforts to improve its sustainability practices. The emissions data is sourced directly from IndusInd Bank Limited, with no cascaded data from a parent or related organization.
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| 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,188,085 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,099,321 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 945,137 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Indusind Bank 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.
