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Public Profile
Financial Intermediation
LK
updated 5 months ago

Merchant Bank of Sri Lanka & Finance PLC

Company website

Merchant Bank of Sri Lanka & Finance PLC, commonly referred to as MBSL, is a prominent financial institution headquartered in Colombo, Sri Lanka. Established in 1982, MBSL has carved a niche in the banking and finance sector, offering a diverse range of services across the island, particularly in urban and suburban regions. Specialising in merchant banking, leasing, and investment services, MBSL stands out for its customer-centric approach and innovative financial solutions tailored to meet the needs of both individuals and businesses. The bank has achieved significant milestones, including recognition for its robust financial performance and commitment to sustainable practices. With a strong market position, MBSL continues to enhance its portfolio, providing unique products that cater to the evolving demands of the Sri Lankan economy.

DitchCarbon Score

How does Merchant Bank of Sri Lanka & Finance 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.

17

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.

27

Industry Benchmark

Merchant Bank of Sri Lanka & Finance PLC's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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Merchant Bank of Sri Lanka & Finance PLC's reported carbon emissions

Merchant Bank of Sri Lanka & Finance PLC currently does not have any publicly available carbon emissions data, as indicated by the absence of specific emissions figures. Consequently, there are no reported Scope 1, 2, or 3 emissions to analyse. Additionally, the bank has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or other industry standards. Without these commitments or data, it is challenging to assess their climate impact or sustainability efforts. As the financial sector increasingly prioritises environmental responsibility, Merchant Bank of Sri Lanka & Finance PLC may benefit from developing clear climate commitments and emissions reduction strategies to align with industry trends and stakeholder expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Merchant Bank of Sri Lanka & Finance 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. This request for Merchant Bank of Sri Lanka & Finance PLC is in LK, which has a high grid carbon intensity relative to other regions.

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.

Merchant Bank of Sri Lanka & Finance 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.

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

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Where does DitchCarbon data come from?

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