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Public Profile
Financial Intermediation
BD
updated 10 days ago

Prime Bank PLC.

Company website

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.

22

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.

27

Industry Benchmark

Prime Bank PLC.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Prime Bank PLC.'s reported carbon emissions

In 2023, Prime Bank PLC, headquartered in Bangladesh (BD), reported total carbon emissions of approximately 703,332,000 kg CO2e. This figure includes 574,005,000 kg CO2e from Scope 1 emissions, which primarily stem from mobile combustion and fugitive emissions, and 7,785,000 kg CO2e from Scope 2 emissions related to electricity usage. Notably, there is no reported data for Scope 3 emissions. Comparatively, in 2020, the bank's emissions were significantly lower, with Scope 1 emissions at 148,660 kg CO2e and Scope 2 emissions at 2,369,610 kg CO2e. This indicates a substantial increase in emissions over the three-year period, particularly in Scope 1 emissions. Despite the increase in emissions, Prime Bank PLC has not set specific reduction targets or initiatives as part of their climate commitments. The bank's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Overall, while Prime Bank PLC has made strides in reporting its emissions, the lack of reduction targets highlights an area for potential improvement in their climate strategy.

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Access structured emissions data, company-specific emission factors, and source documents

201920202023
Scope 1
218,160
000,000
000,000,000
Scope 2
2,194,200
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prime Bank PLC.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Prime Bank PLC. is in BD, which has a medium grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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