The Small Industries Development Bank of India (SIDBI), headquartered in Lucknow, India, plays a pivotal role in the development of small-scale industries across the nation. Established in 1990, SIDBI has been instrumental in providing financial and developmental support to micro, small, and medium enterprises (MSMEs), which are vital to India's economic landscape. With a focus on promoting entrepreneurship, SIDBI offers a range of unique products and services, including term loans, working capital finance, and venture capital assistance. The bank's commitment to innovation and sustainability has positioned it as a leader in the MSME financing sector. Notable achievements include its role in facilitating access to credit for millions of small businesses, thereby contributing significantly to job creation and economic growth in India.
How does Small Industries Development Bank of India'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.
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.
Small Industries Development Bank of India's score of 14 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Small Industries Development Bank of India (SIDBI), headquartered in India, currently does not have any publicly available carbon emissions data or specific reduction targets. As of now, there are no documented initiatives or commitments related to carbon emissions reduction or climate pledges. This absence of data highlights a potential area for improvement in transparency and accountability regarding their environmental impact. In the context of the financial sector, it is increasingly important for institutions like SIDBI to establish clear climate commitments and reduction strategies to align with global sustainability goals.
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.
Small Industries Development Bank of India is not committed to any reduction initiatives 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.