Public Profile

SANASA Development Bank PLC

SANASA Development Bank PLC, headquartered in Sri Lanka, is a prominent player in the financial services industry, focusing on microfinance and community banking. Established in 1997, the bank has made significant strides in empowering local communities through innovative financial solutions. With a strong presence across various regions in Sri Lanka, SANASA Development Bank offers a range of core products, including savings accounts, loans, and insurance services, tailored to meet the unique needs of its customers. Recognised for its commitment to social development, SANASA Development Bank has achieved notable milestones, including awards for excellence in microfinance. Its dedication to fostering financial inclusion sets it apart in the competitive banking landscape, positioning the bank as a trusted partner for individuals and small businesses alike.

DitchCarbon Score

How does SANASA Development 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.

17

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.

26

Industry Benchmark

SANASA Development Bank PLC's score of 17 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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SANASA Development Bank PLC's reported carbon emissions

SANASA Development Bank PLC, headquartered in Sri Lanka (LK), currently does not have available data on carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined by the bank at this time. In the context of the banking industry, many institutions are increasingly recognising the importance of sustainability and are setting ambitious climate goals. While SANASA Development Bank PLC has not yet disclosed its emissions data or reduction initiatives, it is essential for financial institutions to engage in climate action to mitigate their environmental impact and contribute to global sustainability efforts. As the bank moves forward, establishing clear carbon reduction targets and reporting on emissions will be crucial for aligning with industry standards and demonstrating commitment to climate responsibility.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. SANASA Development 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 SANASA Development Bank PLC is in LK, which has a high 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.

SANASA Development 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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