Merchant Bank of Sri Lanka & Finance PLC Sustainability Profile
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.
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
Merchant Bank of Sri Lanka & Finance PLC's score of 17 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a result, the bank's climate commitments and initiatives remain unspecified, and there is no inherited emissions data from a parent or related organisation. Without concrete 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 financial industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies, but specific actions and targets for Merchant Bank of Sri Lanka & Finance PLC are currently not available.
How Carbon Intensive is Merchant Bank of Sri Lanka & Finance PLC's Industry?
How Carbon Intensive is Merchant Bank of Sri Lanka & Finance PLC's Location?
Merchant Bank of Sri Lanka & Finance 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.
Merchant Bank of Sri Lanka & Finance 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.
