Ujjivan Small Finance Bank
Ujjivan Small Finance Bank, headquartered in Bengaluru, India, is a prominent player in the Indian banking sector, focusing on financial inclusion and serving underserved communities. Established in 2017, the bank has rapidly expanded its operations across various regions, including urban and semi-urban areas, providing essential banking services to millions. Specialising in microfinance, personal loans, and savings accounts, Ujjivan Small Finance Bank distinguishes itself through its commitment to customer-centric solutions and innovative financial products. The bank has achieved significant milestones, including a robust customer base and recognition for its role in promoting financial literacy. With a strong market position, Ujjivan Small Finance Bank continues to contribute to the economic empowerment of its clients, making it a key player in the small finance banking industry in India.
DitchCarbon Score
How does Ujjivan Small Finance Bank'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
Ujjivan Small Finance Bank's score of 19 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ujjivan Small Finance Bank's reported carbon emissions
In 2023, Ujjivan Small Finance Bank reported total carbon emissions of approximately 10,870,170 kg CO2e, comprising 591,150 kg CO2e from Scope 1 and 10,279,020 kg CO2e from Scope 2. This represents a slight increase in emissions compared to 2022, where total emissions were about 11,938,600 kg CO2e, with Scope 1 emissions at 492,370 kg CO2e. For 2024, the bank's emissions rose further to approximately 14,883,470 kg CO2e, with Scope 1 emissions reaching 887,730 kg CO2e and Scope 2 emissions at 13,995,740 kg CO2e. Despite these increases, Ujjivan Small Finance Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or formal commitments to reduce emissions indicates a need for further action in addressing climate change impacts. Overall, Ujjivan Small Finance Bank's emissions data highlights the importance of establishing clear climate commitments and reduction strategies to align with global sustainability goals.
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Add to project| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 369,880 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 11,031,870 | 00,000,000 | 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.
Ujjivan Small Finance Bank 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.
