The Karur Vysya Bank Limited
The Karur Vysya Bank Limited, commonly referred to as KVB, is a prominent Indian private sector bank headquartered in Karur, Tamil Nadu. Established in 1916, KVB has grown significantly, serving a diverse clientele across various regions in India, particularly in southern states. Operating within the banking and financial services industry, KVB offers a wide range of products, including personal banking, corporate banking, and wealth management services. What sets KVB apart is its commitment to customer-centric solutions and innovative digital banking initiatives. With a strong market presence, KVB has achieved notable milestones, including recognition for its robust financial performance and customer service excellence. As a trusted financial institution, The Karur Vysya Bank Limited continues to play a vital role in the economic development of the regions it serves.
DitchCarbon Score
How does The Karur Vysya 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
The Karur Vysya Bank Limited's score of 16 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Karur Vysya Bank Limited's reported carbon emissions
In 2023, The Karur Vysya Bank Limited reported total carbon emissions of approximately 19,870,630 kg CO2e from Scope 2 and about 425,430 kg CO2e from Scope 1. This represents a slight decrease in emissions per rupee of turnover compared to the previous year, with a value of 0.00251 for Scope 1 and 2 combined. In 2022, the bank's emissions were approximately 18,476,810 kg CO2e for Scope 2 and about 303,010 kg CO2e for Scope 1. The trend indicates a growing awareness of carbon management, although specific reduction targets or commitments have not been disclosed. As of now, The Karur Vysya Bank Limited has not established any formal reduction initiatives or climate pledges, which places them in a context where many financial institutions are increasingly committing to science-based targets and sustainability goals. The bank's emissions data highlights the importance of ongoing monitoring and potential future commitments to enhance their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 303,010 | 000,000 | 000,000 |
| Scope 2 | 18,476,810 | 00,000,000 | 00,000,000 |
| 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.
The Karur Vysya Bank Limited 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.
