National Housing Bank
The National Housing Bank (NHB), headquartered in India, plays a pivotal role in the country's housing finance sector. Established in 1988, NHB was created to promote housing finance institutions and enhance the flow of credit to the housing sector. With a focus on affordable housing, the bank operates across various regions in India, supporting both urban and rural development. NHB's core services include refinancing housing loans, providing financial assistance to housing finance companies, and implementing government housing schemes. Its unique approach to fostering sustainable housing solutions has positioned it as a leader in the industry. Notable achievements include its significant contributions to the Pradhan Mantri Awas Yojana, aimed at ensuring housing for all. Through its commitment to innovation and accessibility, the National Housing Bank continues to shape the future of housing finance in India.
DitchCarbon Score
How does National Housing Bank'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 Services Auxiliary to 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
National Housing Bank's score of 24 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
National Housing Bank's reported carbon emissions
In 2023, the National Housing Bank reported total carbon emissions of approximately 638,540 kg CO2e, comprising 15,990 kg CO2e from Scope 1 and 622,550 kg CO2e from Scope 2 emissions. The following year, 2024, saw a slight decrease in total emissions to about 638,540 kg CO2e, with Scope 1 emissions reducing to 9,780 kg CO2e and Scope 2 emissions remaining relatively stable at 622,520 kg CO2e. Despite these figures, the National Housing Bank has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The bank's emissions data reflects its operational impact, and the absence of defined reduction initiatives suggests a need for enhanced commitment to climate action within the financial sector.
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Get Started| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 15,990 | 0,000 |
| Scope 2 | 622,550 | 000,000 |
| 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.
National Housing Bank 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.
