Social Islami Bank PLC. Sustainability Profile
Social Islami Bank PLC, headquartered in Dhaka, Bangladesh, is a prominent player in the Islamic banking sector. Established in 1995, the bank has made significant strides in providing Shariah-compliant financial services across the country, with a focus on retail banking, corporate financing, and investment solutions. With a commitment to ethical banking practices, Social Islami Bank offers a range of unique products, including Murabaha, Ijara, and Mudaraba financing, catering to both individual and business clients. The bank's dedication to customer service and community development has solidified its position as a trusted financial institution in Bangladesh. Recognised for its innovative approach, Social Islami Bank has achieved notable milestones, including a robust network of branches and a growing customer base, making it a key player in the Islamic banking industry.
DitchCarbon Score
How does Social Islami 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
Social Islami Bank PLC.'s score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Social Islami Bank PLC.'s reported carbon emissions
Social Islami Bank PLC., headquartered in Bangladesh (BD), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that the bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As there are no emissions figures or reduction initiatives available, it is important to note that the bank's climate strategy and commitments remain unclear. Without specific targets or achievements, it is challenging to assess their environmental impact or progress in addressing climate change.
How Carbon Intensive is Social Islami Bank PLC.'s Industry?
How Carbon Intensive is Social Islami Bank PLC.'s Location?
Social Islami 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.
Social Islami 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.
