Islami Bank Bangladesh PLC. Sustainability Profile
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.
DitchCarbon Score
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.
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
Islami Bank Bangladesh PLC.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Islami Bank Bangladesh PLC.'s reported carbon emissions
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.
How Carbon Intensive is Islami Bank Bangladesh PLC.'s Industry?
How Carbon Intensive is Islami Bank Bangladesh PLC.'s Location?
Islami Bank Bangladesh PLC.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Islami Bank Bangladesh PLC. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
