Islami Bank Bangladesh PLC, a leading financial institution in Bangladesh, was established in 1983 and has since become a pioneer in Islamic banking. Headquartered in Dhaka, the bank operates extensively across the country, providing a range of Shariah-compliant financial services. With a focus on retail banking, corporate finance, and investment services, Islami Bank Bangladesh PLC distinguishes itself through its commitment to ethical banking practices. The bank has achieved significant milestones, including being the first private sector bank to introduce Islamic banking in Bangladesh, and it continues to hold a strong market position with a vast network of branches nationwide. Islami Bank's core offerings, such as Murabaha, Ijara, and Mudaraba financing, cater to diverse customer needs while promoting socio-economic development, making it a trusted choice for millions.
How does Islami Bank Bangladesh PLC.'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.
Islami Bank Bangladesh PLC.'s score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Islami Bank Bangladesh PLC., headquartered in BD, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. As a result, the bank's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. Without specific emissions data or reduction initiatives, it is challenging to assess the bank's environmental impact or its commitment to addressing climate change. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies, but Islami Bank Bangladesh PLC. has yet to publicly outline its approach in this area.
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.
Islami Bank Bangladesh PLC. 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.