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 89% 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 at this time. As the bank does not inherit emissions data from a parent or related organization, all information is derived solely from its own reporting. The absence of specific climate commitments or reduction initiatives suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and reduction targets to align with global sustainability goals. The Jammu and Kashmir Bank Limited may benefit from adopting industry-standard practices to enhance its environmental performance and transparency in future reporting.
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.
The Jammu and Kashmir 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.