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.
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.
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.
Indusind Bank's score of 57 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IndusInd Bank reported total carbon emissions of approximately 42,000,000 kg CO2e, comprising 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 emissions. This represents a slight decrease in Scope 1 emissions compared to 2023, where total emissions were about 72,422,000 kg CO2e, with Scope 1 at 19,074,000 kg CO2e and Scope 2 at 53,348,000 kg CO2e. The bank has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. IndusInd Bank's emissions intensity metrics show that in 2024, the GHG emissions intensity per full-time equivalent (FTE) was approximately 1,440 kg CO2e, while emissions per branch were about 21,940 kg CO2e. Overall, while IndusInd Bank has made strides in tracking and reporting its carbon emissions, the absence of defined reduction targets suggests an opportunity for further commitment to climate action.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 2,188,085 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 945,137 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.