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PT Bank Danamon Indonesia Tbk
PT Bank Danamon Indonesia Tbk, commonly known as Bank Danamon, is a prominent financial institution headquartered in Jakarta, Indonesia. Established in 1956, the bank has grown to become a key player in the Indonesian banking sector, offering a wide range of financial services across the archipelago. Operating primarily in retail banking, corporate banking, and treasury services, Bank Danamon is recognised for its innovative approach to customer service and digital banking solutions. The bank's core products include personal loans, savings accounts, and business financing, all designed to meet the diverse needs of its clientele. With a strong market presence and a commitment to financial inclusion, Bank Danamon has achieved significant milestones, including numerous awards for excellence in service and innovation. Its dedication to sustainable banking practices further solidifies its position as a leader in the industry.
DitchCarbon Score
How does PT Bank Danamon Indonesia Tbk'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
PT Bank Danamon Indonesia Tbk's score of 24 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PT Bank Danamon Indonesia Tbk's reported carbon emissions
In 2023, PT Bank Danamon Indonesia Tbk reported total carbon emissions of approximately 408,648,100 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 408,648,100 kg CO2e. Scope 1 emissions were reported at approximately 247,000 kg CO2e, while Scope 2 emissions totalled around 23,414,000 kg CO2e. The bank has not set specific reduction targets or initiatives as part of its climate commitments, and there are no disclosed SBTi (Science Based Targets initiative) reduction targets. Additionally, emissions data is cascaded from its parent company, MUFG Bank, Ltd., indicating a corporate family relationship that influences its reporting. Over the past few years, emissions have shown fluctuations, with Scope 1 emissions decreasing from approximately 299,000 kg CO2e in 2021 to about 247,000 kg CO2e in 2023. Scope 2 emissions have also varied, with a slight decrease from approximately 23,729,000 kg CO2e in 2021 to about 23,414,000 kg CO2e in 2023. However, the bank's Scope 3 emissions have not been previously reported, highlighting a potential area for future focus. Overall, while PT Bank Danamon Indonesia Tbk has made strides in emissions reporting, the absence of specific reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 299,000 | 000,000 | 000,000 |
| Scope 2 | 23,729,000 | 00,000,000 | 00,000,000 |
| 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.
PT Bank Danamon Indonesia Tbk 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.
