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.
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.
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.
Social Islami Bank PLC.'s score of 20 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Social Islami Bank PLC, headquartered in Bangladesh (BD), currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined by the bank at this time. In the context of the banking industry, many institutions are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon footprints. While Social Islami Bank PLC has not yet disclosed its emissions data or climate initiatives, it is essential for financial institutions to engage in climate action to mitigate environmental impacts and align with global sustainability goals. As the bank progresses, stakeholders will be looking for future commitments and transparency regarding its carbon emissions and climate strategies.
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.
Social Islami Bank PLC. 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.