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Public Profile
Financial Intermediation
LK
updated 18 days ago

Seylan Bank PLC Sustainability Profile

Company website

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.

22

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.

29

Industry Benchmark

Seylan Bank PLC's score of 22 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Seylan Bank PLC's reported carbon emissions

Seylan Bank PLC, headquartered in Sri Lanka (LK), currently does not have available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The bank has not disclosed any climate commitments or pledges, indicating a lack of formalised strategies towards carbon footprint reduction at this time. As there are no emissions figures or reduction initiatives reported, Seylan Bank PLC's climate strategy appears to be in the early stages, with no inherited emissions data from a parent company or corporate family. The absence of specific targets or commitments suggests that the bank may need to develop a more robust approach to addressing climate change and its associated impacts.

How Carbon Intensive is Seylan Bank PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Seylan 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.

How Carbon Intensive is Seylan Bank PLC's Location?

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 Seylan Bank PLC is in LK, which has a medium grid carbon intensity relative to other regions.

Seylan 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.

Seylan 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Seylan Bank PLC's Emissions with Industry Peers

Commercial Bank Of Ceylon

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Pan Asia Banking Corporation PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Hatton National Bank

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Axisbank

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Housing Development Finance Corporation Bank of Sri Lanka

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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