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 16 is lower than 90% 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 2022, Suryoday Small Finance Bank Limited reported carbon emissions of approximately 1,763,320 kg CO2e, exclusively from Scope 2 emissions. This figure reflects the bank's energy-related emissions, as no data was disclosed for Scope 1 or Scope 3 emissions. In contrast, the bank's emissions for 2021 were significantly higher, at about 2,371,371,000 kg CO2e, indicating a substantial reduction in emissions year-on-year. Despite these figures, Suryoday Small Finance Bank has not set specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests that while the bank is aware of its carbon footprint, it has yet to establish a structured approach to climate action. The emissions data is not cascaded from any parent organisation, indicating that Suryoday Small Finance Bank Limited is independently reporting its emissions. As the bank continues to navigate its environmental impact, future commitments and initiatives may be essential for aligning with industry standards and enhancing its sustainability profile.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 1,763,320 |
| Scope 3 | - |
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.
