Trust Bank PLC. Sustainability Profile
Trust Bank PLC, headquartered in Bangladesh (BD), is a prominent player in the banking and financial services industry. Established in 1999, the bank has made significant strides in providing innovative banking solutions across the country, with a strong presence in major operational regions including Dhaka and Chittagong. Specialising in retail banking, corporate banking, and SME financing, Trust Bank PLC distinguishes itself through its commitment to customer service and technological advancement. The bank offers a range of core products, including savings accounts, loans, and digital banking services, designed to meet the diverse needs of its clientele. With a reputation for reliability and integrity, Trust Bank PLC has achieved notable milestones, positioning itself as a trusted financial partner in Bangladesh. Its focus on sustainable banking practices further enhances its market standing, making it a key player in the nation's economic landscape.
DitchCarbon Score
How does Trust Bank PLC.'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
Trust Bank PLC.'s score of 29 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Trust Bank PLC.'s reported carbon emissions
In 2022, Trust Bank PLC reported significant carbon emissions, totalling approximately 4,907,000,000 kg CO2e for Scope 1, 360,000,000 kg CO2e for Scope 2, and 154,000,000 kg CO2e for Scope 3. This data indicates a notable reduction from 2021, where emissions were about 13,990,000,000 kg CO2e for Scope 1, 273,000,000 kg CO2e for Scope 2, and 170,000,000 kg CO2e for Scope 3. Despite these reductions, Trust Bank PLC has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from Trust Bank PLC itself, reflecting its current operational performance without external influence from parent or related organizations. The bank's commitment to addressing climate change is evident through its emissions disclosures, which encompass all three scopes of emissions. However, further details on specific climate initiatives or long-term commitments are not available at this time.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 13,990,000,000 | 0,000,000,000 |
| Scope 2 | 273,000,000 | 000,000,000 |
| Scope 3 | 170,000,000 | 000,000,000 |
How Carbon Intensive is Trust Bank PLC.'s Industry?
How Carbon Intensive is Trust Bank PLC.'s Location?
Trust Bank PLC.'s Climate Goals (2030 & 2050)
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.
Trust Bank PLC. 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.
