Small Industries Development Bank of India Sustainability Profile
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.
DitchCarbon Score
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.
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
Small Industries Development Bank of India's score of 16 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Small Industries Development Bank of India's reported carbon emissions
The Small Industries Development Bank of India (SIDBI) currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no reported Scope 1, 2, or 3 emissions or any significant reduction targets or achievements at this time. In the context of climate commitments, SIDBI has not outlined any specific climate pledges or initiatives aimed at reducing carbon emissions. The lack of documented reduction targets suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy. As there is no cascaded emissions data from a parent or related organisation, all information reflects SIDBI's independent status regarding climate reporting. The absence of emissions data and reduction initiatives highlights an opportunity for SIDBI to enhance its environmental accountability and align with industry standards for climate action.
How Carbon Intensive is Small Industries Development Bank of India's Industry?
How Carbon Intensive is Small Industries Development Bank of India's Location?
Small Industries Development Bank of India'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.
Small Industries Development Bank of India 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.
