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 22 is lower than 79% 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 report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. As of now, the bank has not inherited any emissions data from a parent or related organization, nor does it have any commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the context of the banking industry, it is essential for institutions like Social Islami Bank PLC. to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific emissions data or reduction initiatives, the bank's current climate impact remains unclear.
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 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.