The Jammu and Kashmir Bank Limited, often referred to as J&K Bank, is a prominent financial institution headquartered in Srinagar, India. Established in 1938, the bank has played a pivotal role in the economic development of the Jammu and Kashmir region, offering a range of banking and financial services tailored to meet the needs of its diverse clientele. Operating primarily in the banking sector, J&K Bank provides core products such as retail banking, corporate banking, and treasury services. Its unique approach combines traditional banking practices with modern technology, ensuring customer satisfaction and operational efficiency. Over the years, the bank has achieved significant milestones, solidifying its position as a leading player in the Indian banking landscape, particularly in the northern regions of the country.
How does The Jammu and Kashmir 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.
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.
The Jammu and Kashmir 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.
The Jammu and Kashmir Bank Limited currently does not have available carbon emissions data for the most recent year, as indicated by the absence of specific figures. Consequently, there are no reported emissions in kg CO2e, nor are there any documented reduction targets or climate pledges. The bank has not inherited emissions data from any parent or related organization, and there are no specific initiatives or commitments outlined in relation to the Science Based Targets initiative (SBTi) or other climate frameworks. In the context of the banking industry, it is essential for financial institutions like The Jammu and Kashmir Bank Limited to establish clear climate commitments and reduction strategies to align with global sustainability goals. However, without concrete data or targets, the bank's current stance on carbon emissions remains unclear.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
The Jammu and Kashmir Bank Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
