Suryoday Small Finance Bank Limited
Suryoday Small Finance Bank Limited, headquartered in India, is a prominent player in the financial services industry, focusing on providing inclusive banking solutions. Established in 2008, the bank has made significant strides in empowering underserved segments of society, particularly in rural and semi-urban areas across India. The bank offers a range of core products and services, including savings accounts, fixed deposits, and microfinance solutions, distinguished by their customer-centric approach and innovative features. Suryoday Small Finance Bank has garnered recognition for its commitment to financial inclusion, positioning itself as a trusted partner for individuals and small businesses alike. With a strong emphasis on technology and customer service, the bank continues to expand its footprint, contributing to the growth of the Indian banking landscape.
DitchCarbon Score
How does Suryoday Small Finance Bank Limited'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
Suryoday Small Finance Bank Limited's score of 24 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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Suryoday Small Finance Bank Limited's reported carbon emissions
In 2023, Suryoday Small Finance Bank Limited reported zero carbon emissions across all scopes, including Scope 1, Scope 2, and Scope 3, indicating a commitment to minimising its environmental impact. This trend continued from 2022, where the bank also recorded no emissions in Scope 3. Despite the absence of specific reduction targets or initiatives, the bank's consistent reporting of zero emissions reflects a proactive approach to sustainability. As Suryoday Small Finance Bank continues to grow, with revenues increasing from approximately USD 37.69 million in 2022 to about USD 73.96 million in 2023, its commitment to maintaining low carbon emissions is noteworthy. The bank's climate commitments, while not explicitly detailed, suggest a focus on sustainable practices in its operations. As the financial sector increasingly prioritises environmental responsibility, Suryoday Small Finance Bank's performance positions it favourably within the industry context.
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.
Suryoday Small Finance Bank Limited 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.
