Small Industries Development Bank of India
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 89% 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 report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no recorded Scope 1, 2, or 3 emissions or any significant reduction targets or achievements to highlight. In terms of climate commitments, SIDBI has not outlined any specific reduction initiatives or pledges, such as those typically associated with the Science Based Targets initiative (SBTi) or other climate action frameworks. The lack of data suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As of now, SIDBI's approach to carbon emissions and climate commitments remains undefined, with no inherited data from a parent or related organization. This positions the bank in a context where it may need to establish clearer sustainability goals and reporting mechanisms to align with industry standards and expectations.
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.
Small Industries Development Bank of India 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.
