Public Profile

Sampath Bank

Sampath Bank PLC, a prominent financial institution headquartered in Sri Lanka (LK), has been a cornerstone of the banking industry since its establishment in 1986. With a strong presence across major operational regions in Sri Lanka, the bank offers a diverse range of services, including retail banking, corporate banking, and treasury operations. Sampath Bank is renowned for its innovative banking solutions, such as digital banking platforms and personalised customer service, which set it apart in a competitive market. Over the years, the bank has achieved significant milestones, including numerous awards for excellence in service and technology. As a leading player in the Sri Lankan banking sector, Sampath Bank continues to enhance its market position through strategic growth and a commitment to customer satisfaction.

DitchCarbon Score

How does Sampath Bank'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.

15

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.

13

Industry Benchmark

Sampath Bank's score of 15 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

Sampath Bank's reported carbon emissions

In 2023, Sampath Bank reported total carbon emissions of approximately 10,378,000 kg CO2e. This figure includes 937,000 kg CO2e from Scope 1 emissions, 6,654,000 kg CO2e from Scope 2 emissions, and 2,787,000 kg CO2e from Scope 3 emissions. Over the previous years, the bank's emissions have fluctuated, with a total of about 11,645,000 kg CO2e in 2022, 9,263,000 kg CO2e in 2021, 9,138,000 kg CO2e in 2020, and 9,103,000 kg CO2e in 2019. Notably, the Scope 2 emissions have been the largest contributor to their overall carbon footprint. Despite these figures, there are currently no specified reduction targets or climate pledges documented for Sampath Bank. The absence of formal commitments highlights a potential area for improvement in their climate strategy. As the bank continues to assess its environmental impact, establishing clear reduction goals could enhance its sustainability efforts and align with industry standards.

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Add to project
20192020202120222023
Scope 1
352,000
0,000,000
000,000
0,000,000
000,000
Scope 2
5,350,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
3,401,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sampath Bank'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. Sampath Bank is headquartered in LK, which has a rank of high, indicating high grid carbon 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.

Sampath Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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