Kotak Mahindra Bank

Kotak Mahindra Bank, headquartered in India, reported its 2025 Scope 1 emissions as 15,508,000 kg CO2e, Scope 2 emissions as 117,152,000 kg CO2e, and Scope 3 emissions as 42,397,000 kg CO2e. This includes detailed Scope 3 categories such as capital goods (15,262,920 kg CO2e), business travel (5,511,610 kg CO2e), employee commute (847,940 kg CO2e), purchased goods and services (2,967,790 kg CO2e), waste generated in operations (847,940 kg CO2e), and fuel and energy related activities (16,958,800 kg CO2e).

For 2024, the bank's Scope 1 emissions were 10,353,000 kg CO2e and Scope 2 emissions were 112,800,000 kg CO2e. In 2023, Scope 1 emissions were 12,214,000 kg CO2e and Scope 2 emissions were 92,696,000 kg CO2e. In 2022, Kotak Mahindra Bank reported Scope 1 emissions of 7,820,000 kg CO2e, Scope 2 emissions (market-based and location-based) of 76,064,000 kg CO2e, and Scope 3 emissions including capital goods (28,047,000 kg CO2e), business travel (772,830 kg CO2e), employee commute (42,470 kg CO2e), upstream leased assets (6,061,720 kg CO2e), purchased goods and services (630,970 kg CO2e), waste generated in operations (4,410 kg CO2e), and fuel and energy related activities (19,937,000 kg CO2e).

In 2021, Scope 1 emissions were 1,214,000 kg CO2e and Scope 2 (location-based) were 57,484,000 kg CO2e. For 2020, Scope 1 emissions stood at 90,800 kg CO2e and Scope 2 (location-based) at 74,827,000 kg CO2e. In 2019, the bank's Scope 1 emissions were 70,190 kg CO2e, Scope 2 (location-based) were 77,750,410 kg CO2e, and Scope 3 emissions included capital goods (4,931,000 kg CO2e) and business travel (4,402,050 kg CO2e), and employee commute (83,150 kg CO2e). Emissions data for 2018, 2017, 2016, and 2015 combine Scope 1 and 2, reporting totals of 22,032,000 kg CO2e, 21,738,000 kg CO2e, 17,066,000 kg CO2e, and 15,172,000 kg CO2e respectively. In 2014, Scope 1 emissions were 56,820 kg CO2e and Scope 2 (location-based) were 14,003,280 kg CO2e.

Kotak Mahindra Bank has consistently disclosed its emissions through CDP, with data directly from Kotak Mahindra Bank Limited. There are no cascaded reduction targets or climate pledges from a parent organisation.