Nations Trust Bank PLC
Nations Trust Bank PLC, a prominent financial institution headquartered in Sri Lanka (LK), has been a key player in the banking sector since its establishment in 1999. With a strong presence across major operational regions in Sri Lanka, the bank offers a diverse range of services, including retail banking, corporate banking, and wealth management. Renowned for its innovative banking solutions, Nations Trust Bank provides unique products such as the popular "Nations Trust Bank Credit Card" and tailored investment services that cater to the evolving needs of its customers. The bank has consistently achieved significant milestones, positioning itself as a trusted partner in financial services. With a commitment to excellence and customer satisfaction, Nations Trust Bank continues to strengthen its market position, making it a leading choice for individuals and businesses alike in the competitive banking landscape.
DitchCarbon Score
How does Nations 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
Nations Trust Bank PLC's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nations Trust Bank PLC's reported carbon emissions
In 2024, Nations Trust Bank PLC reported total carbon emissions of approximately 2,765,000 kg CO2e, comprising 66,000 kg CO2e from Scope 1 and 2,699,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, where emissions totalled about 2,629,000 kg CO2e, with Scope 1 emissions at 76,000 kg CO2e and Scope 2 emissions at 2,549,000 kg CO2e. The bank has set ambitious reduction targets, aiming for a 10% decrease in Scope 1 emissions from a baseline of 76,000 kg CO2e by 2025, and a 5% reduction in Scope 2 emissions from a baseline of 2,549,000 kg CO2e by the same year. These commitments reflect the bank's proactive approach to mitigating its carbon footprint and addressing climate change. Nations Trust Bank PLC has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The emissions data is not cascaded from any parent organization, ensuring that the figures are specific to Nations Trust Bank PLC.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 183,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 1,781,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,127,000 | 000,000 | 000,000 | 000,000 | 000,000 | - | - |
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.
Nations Trust Bank 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.
