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.
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
Sampath Bank's score of 37 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 past few years, the bank's emissions have shown fluctuations, 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 bank's Scope 2 emissions have been a significant contributor, consistently representing the largest portion of their total emissions. Despite these figures, there are currently no specific reduction targets or climate pledges disclosed by Sampath Bank. The absence of documented reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. As a financial institution headquartered in Sri Lanka (LK), Sampath Bank's emissions profile reflects the broader challenges faced by the banking sector in addressing climate change and reducing carbon footprints.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 352,000 | 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
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.
Sampath Bank 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.
