SBAC Bank PLC. Sustainability Profile
SBAC Bank PLC, headquartered in Bangladesh, is a prominent player in the banking industry, offering a diverse range of financial services. Established in 1999, the bank has made significant strides in providing innovative banking solutions, primarily focusing on retail and corporate banking, as well as SME financing. With a strong presence across major operational regions in Bangladesh, SBAC Bank is recognised for its customer-centric approach and commitment to financial inclusion. The bank's core products, including savings accounts, loans, and digital banking services, are designed to meet the evolving needs of its clientele. Notably, SBAC Bank has achieved a solid market position, marked by its dedication to transparency and service excellence, making it a trusted choice for individuals and businesses alike in the competitive banking landscape.
DitchCarbon Score
How does SBAC 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
SBAC Bank PLC.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SBAC Bank PLC.'s reported carbon emissions
SBAC Bank PLC, headquartered in BD, 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 SBAC Bank PLC 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, it is essential for institutions like SBAC Bank PLC to consider developing and communicating clear climate commitments to align with industry standards and expectations.
How Carbon Intensive is SBAC Bank PLC.'s Industry?
How Carbon Intensive is SBAC Bank PLC.'s Location?
SBAC 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.
SBAC 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.
