Seylan Bank PLC
Seylan Bank PLC, a prominent financial institution in Sri Lanka, is headquartered in Colombo and serves a diverse clientele across the island. Established in 1987, the bank has made significant strides in the banking sector, focusing on retail and corporate banking, as well as treasury services. Seylan Bank is renowned for its innovative banking solutions, including personal loans, savings accounts, and business financing, tailored to meet the unique needs of its customers. With a commitment to customer service and technological advancement, the bank has positioned itself as a trusted partner in financial growth. Notable achievements include a strong market presence and recognition for its contributions to the local economy, making Seylan Bank a key player in Sri Lanka's banking landscape.
DitchCarbon Score
How does Seylan 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
Seylan Bank PLC's score of 27 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Seylan Bank PLC's reported carbon emissions
In 2024, Seylan Bank PLC reported total carbon emissions of approximately 4,000,000 kg CO2e. This figure includes emissions across all three scopes: - **Scope 1** emissions totalled about 360,870 kg CO2e, with mobile combustion contributing approximately 123,990 kg CO2e and fugitive emissions accounting for about 119,460 kg CO2e. - **Scope 2** emissions were significantly higher, reaching approximately 3,488,130 kg CO2e. - **Scope 3** emissions amounted to around 628,690 kg CO2e, with purchased goods and services responsible for about 248,310 kg CO2e, and fuel and energy-related activities contributing approximately 357,660 kg CO2e. Despite the substantial emissions reported, Seylan Bank PLC has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for sustainability and climate responsibility.
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| 2024 | |
|---|---|
| Scope 1 | 360,870 |
| Scope 2 | 3,488,130 |
| Scope 3 | 628,690 |
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.
Seylan 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.
