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 25 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Prime Bank PLC.'s reported carbon emissions
In 2023, Prime Bank PLC, headquartered in Bangladesh (BD), reported significant carbon emissions, totalling approximately 574,005,000 kg CO2e for Scope 3 emissions, primarily from purchased goods and services. Additionally, their Scope 1 emissions amounted to about 574,060 kg CO2e, which includes 316,000 kg CO2e from mobile combustion and 258,000 kg CO2e from stationary combustion. The bank's Scope 2 emissions were reported at approximately 7,785,000 kg CO2e, primarily from purchased electricity. Comparatively, in 2020, Prime Bank's Scope 1 emissions were about 148,660 kg CO2e, and Scope 2 emissions were approximately 2,369,610 kg CO2e. In 2019, the bank's emissions were recorded at 218,160 kg CO2e for Scope 1 and 2,194,200 kg CO2e for Scope 2, indicating a trend of increasing emissions over the years. Despite these figures, Prime Bank PLC has not publicly committed to specific reduction targets or initiatives, nor have they disclosed any science-based targets (SBTi) for emissions reduction. Their climate strategy documents suggest a focus on sustainability, but detailed reduction initiatives or pledges are not specified. Overall, while Prime Bank PLC is actively monitoring its carbon footprint, the absence of defined reduction targets highlights an area for potential improvement in their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 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.
