SANASA Development Bank PLC Sustainability Profile
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.
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
SANASA Development Bank PLC's score of 20 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SANASA Development Bank PLC's reported carbon emissions
SANASA Development Bank PLC, headquartered in Sri Lanka (LK), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that SANASA Development Bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial sector increasingly prioritises sustainability, SANASA Development Bank's current position highlights an opportunity for future engagement in climate action and emissions reduction strategies. Without specific emissions data or targets, the bank's climate commitments remain undefined, placing it in a context where many industry peers are actively pursuing measurable sustainability goals.
How Carbon Intensive is SANASA Development Bank PLC's Industry?
How Carbon Intensive is SANASA Development Bank PLC's Location?
SANASA Development Bank PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SANASA Development Bank PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
