MUTUAL TRUST BANK PLC
Mutual Trust Bank PLC, commonly referred to as MTB, is a prominent financial institution headquartered in Dhaka, Bangladesh. Established in 1999, the bank has made significant strides in the banking sector, focusing on retail and corporate banking, as well as SME financing. With a commitment to customer-centric services, MTB offers a diverse range of products, including savings accounts, loans, and investment services, distinguished by their innovative approach and personalised solutions. Over the years, Mutual Trust Bank has achieved notable milestones, including recognition for its strong corporate governance and sustainable banking practices. As a key player in the Bangladeshi banking industry, MTB continues to enhance its market position through strategic initiatives and a robust digital banking platform, catering to the evolving needs of its clientele across the region.
DitchCarbon Score
How does MUTUAL TRUST 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.
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
MUTUAL TRUST BANK PLC's score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MUTUAL TRUST BANK PLC's reported carbon emissions
In 2022, Mutual Trust Bank PLC reported carbon emissions of approximately 5,421,000 kg CO2e, all of which were classified under Scope 1 emissions. There were no reported emissions for Scope 2 or Scope 3 in that year. This marked a significant reduction from 2021, where emissions were about 14,433,000 kg CO2e, indicating a decrease of approximately 62% year-on-year. For 2023, emissions data is currently unavailable, and no specific reduction targets or climate pledges have been disclosed. The bank has not established any science-based targets for emissions reduction, nor have they outlined any formal climate commitments. Mutual Trust Bank PLC's efforts reflect a growing awareness of climate impact within the banking sector, although further transparency and commitment to reduction initiatives would enhance their sustainability profile.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 14,433,000 | 0,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions 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.
MUTUAL TRUST 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.
