Public Profile

Mercantile Bank PLC.

Mercantile Bank PLC, a prominent financial institution headquartered in Bangladesh, has established itself as a key player in the banking sector since its inception in 1999. With a strong presence across major operational regions, the bank offers a diverse range of services, including retail banking, corporate banking, and treasury operations. Renowned for its customer-centric approach, Mercantile Bank provides unique products such as innovative loan solutions and tailored investment services, catering to both individual and business clients. Over the years, the bank has achieved significant milestones, positioning itself as a trusted partner in the financial landscape of Bangladesh. With a commitment to excellence and a focus on sustainable growth, Mercantile Bank PLC continues to enhance its market position, contributing to the economic development of the region.

DitchCarbon Score

How does Mercantile Bank 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.

20

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.

26

Industry Benchmark

Mercantile Bank PLC.'s score of 20 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

9%

Mercantile Bank PLC.'s reported carbon emissions

Mercantile Bank PLC, headquartered in Bangladesh (BD), currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no documented reduction targets or climate commitments outlined by the bank. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate action, often setting science-based targets to reduce their carbon footprints across various scopes of emissions. However, without specific commitments or data from Mercantile Bank PLC, it is unclear how they align with these industry standards. As the global emphasis on climate responsibility grows, it will be essential for Mercantile Bank PLC to establish clear climate commitments and reduction strategies to contribute effectively to the fight against climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mercantile Bank PLC.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Mercantile Bank PLC. is headquartered in BD, which has a rank of medium, indicating medium grid carbon 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.

Mercantile Bank PLC. is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers