PT Bank Syariah Indonesia Tbk
PT Bank Syariah Indonesia Tbk, commonly referred to as Bank Syariah Indonesia, is a leading Islamic bank headquartered in Jakarta, Indonesia. Established in 2020, it emerged from the merger of several prominent Islamic banks, positioning itself as a key player in the Islamic finance sector. The bank primarily operates across Indonesia, focusing on providing Sharia-compliant financial products and services. Bank Syariah Indonesia offers a diverse range of core services, including retail banking, corporate financing, and investment products, all designed to adhere to Islamic principles. Its unique approach to banking emphasises ethical finance, profit-sharing, and community development. With a strong market presence, the bank has quickly gained recognition for its commitment to innovation and customer service, solidifying its position as a trusted institution in the Islamic banking landscape.
DitchCarbon Score
How does PT Bank Syariah 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 Syariah Indonesia Tbk's score of 19 is lower than 87% 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 Syariah Indonesia Tbk's reported carbon emissions
In 2023, PT Bank Syariah Indonesia Tbk reported total carbon emissions of approximately 1,800,442,000 kg CO2e, encompassing Scope 1 and 2 emissions. This figure represents a significant increase compared to 2021, when the bank's emissions were about 234,800 kg CO2e. The substantial rise in emissions correlates with the bank's revenue growth, which reached approximately USD 1,157,424,300 in 2023. Currently, PT Bank Syariah Indonesia Tbk does not have publicly disclosed reduction targets or specific climate commitments, as indicated by the absence of documented reduction initiatives or Science-Based Targets Initiative (SBTi) targets. The bank's emissions data is cascaded from its own reporting, with no inherited data from a parent organization. As a current subsidiary, PT Bank Syariah Indonesia Tbk is positioned within the broader context of the financial sector's increasing focus on sustainability and climate action. However, without specific reduction targets or commitments, the bank's future climate strategy remains unclear.
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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 Syariah 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.
