South Indian Bank, a prominent player in the Indian banking sector, is headquartered in Thrissur, Kerala. Established in 1929, the bank has grown significantly, serving a diverse clientele across various operational regions, particularly in southern India. As a scheduled commercial bank, South Indian Bank offers a wide range of financial services, including retail banking, corporate banking, and treasury operations. The bank is known for its innovative products, such as customised loan solutions and digital banking services, which cater to the evolving needs of its customers. With a strong focus on customer satisfaction and technological advancement, South Indian Bank has positioned itself as a reliable financial partner. Over the years, it has achieved notable milestones, including a robust network of branches and ATMs, solidifying its reputation in the competitive banking landscape.
How does South Indian Bank'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.
South Indian Bank's score of 19 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, South Indian Bank reported total carbon emissions of approximately 18,869,310 kg CO2e, comprising 201,080 kg CO2e from Scope 1 and 17,869,230 kg CO2e from Scope 2 emissions. For the following year, 2024, emissions slightly decreased to about 15,199,320 kg CO2e, with Scope 1 emissions at 202,890 kg CO2e and Scope 2 emissions at 15,199,320 kg CO2e. Despite these figures, South Indian Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. As the bank continues to navigate its climate commitments, it remains essential for them to establish clear reduction strategies to align with industry standards and enhance their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 201,080 | 000,000 |
Scope 2 | 17,869,230 | 00,000,000 |
Scope 3 | - | - |
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.
South Indian Bank 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.