Prime Bank PLC.
Prime Bank PLC, headquartered in Dhaka, Bangladesh, is a prominent player in the banking and financial services industry. Established in 1999, the bank has made significant strides in providing a diverse range of financial solutions, including retail banking, corporate banking, and treasury services. With a strong presence across major operational regions in Bangladesh, Prime Bank is recognised for its commitment to customer-centric services and innovative banking solutions. The bank's core offerings, such as personal loans, credit cards, and SME financing, are designed to meet the evolving needs of its clientele, setting it apart in a competitive market. Notable achievements include a robust market position and a reputation for reliability, making Prime Bank PLC a trusted name in the financial sector.
DitchCarbon Score
How does Prime 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
Prime Bank PLC.'s score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Prime Bank PLC.'s reported carbon emissions
In 2023, Prime Bank PLC, headquartered in Bangladesh (BD), reported significant carbon emissions, totalling approximately 1,000,000 kg CO2e across various scopes. Specifically, their emissions included about 316,000 kg CO2e from mobile combustion, 258,000 kg CO2e from stationary combustion, and a substantial 7,785,000 kg CO2e from purchased electricity under Scope 2. Additionally, Scope 3 emissions were notably high, with approximately 574,005,000 kg CO2e attributed to purchased goods and services, and about 98,103,000 kg CO2e from fuel and energy-related activities. In previous years, emissions were lower, with 2020 figures showing about 148,660 kg CO2e for Scope 1 and approximately 2,369,610 kg CO2e for Scope 2. The bank has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. Overall, Prime Bank PLC's emissions reflect a growing concern for climate impact, necessitating strategic initiatives to address their carbon footprint effectively.
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| 2019 | 2020 | 2023 | |
|---|---|---|---|
| Scope 1 | 218,160 | 000,000 | 000,000 |
| Scope 2 | 2,194,200 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 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.
Prime 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.
