North East Small Finance Bank Limited Sustainability Profile
North East Small Finance Bank Limited, commonly referred to as NESFB, is a prominent financial institution headquartered in India. Established in 2017, the bank primarily serves the North Eastern region, focusing on empowering underserved communities through accessible banking solutions. Operating within the small finance banking sector, NESFB offers a range of services, including savings accounts, fixed deposits, and microfinance products. What sets NESFB apart is its commitment to financial inclusion, catering specifically to the needs of small businesses and individuals in rural and semi-urban areas. With a strong emphasis on customer-centric services, NESFB has quickly established itself as a key player in the region, achieving significant milestones in promoting economic development and enhancing financial literacy.
DitchCarbon Score
How does North East Small Finance Bank Limited'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
North East Small Finance Bank Limited's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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North East Small Finance Bank Limited's reported carbon emissions
North East Small Finance Bank Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The bank is classified as a current subsidiary and does not inherit emissions data from a parent organization. Consequently, there are no reported Scope 1, 2, or 3 emissions figures available. 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 specific climate pledges or reduction initiatives, it is unclear how North East Small Finance Bank Limited plans to address its carbon footprint or contribute to broader climate goals. In summary, while North East Small Finance Bank Limited is positioned within the financial sector, it currently lacks publicly available emissions data and defined climate commitments, highlighting an area for potential development in sustainability practices.
How Carbon Intensive is North East Small Finance Bank Limited's Industry?
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North East Small Finance Bank Limited'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.
North East Small Finance Bank Limited 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.
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