Utkarsh Small Finance Bank Limited Sustainability Profile
Utkarsh Small Finance Bank Limited, headquartered in India, is a prominent player in the financial services industry, focusing on providing inclusive banking solutions. Established in 2016, the bank has rapidly expanded its operations across various regions, catering primarily to underserved segments of the population. Specialising in small finance, Utkarsh offers a range of core products and services, including savings accounts, fixed deposits, and microloans, designed to empower individuals and small businesses. Its commitment to financial inclusion and customer-centric approach sets it apart in a competitive market. With a strong emphasis on innovation and community development, Utkarsh Small Finance Bank has achieved significant milestones, positioning itself as a trusted institution in the Indian banking landscape.
DitchCarbon Score
How does Utkarsh Small Finance 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
Utkarsh Small Finance 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.
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Utkarsh Small Finance Bank Limited's reported carbon emissions
Utkarsh Small Finance Bank Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank has not established documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. As a current subsidiary, Utkarsh Small Finance Bank Limited may inherit climate-related initiatives and targets from its parent organisation. However, no specific data or targets have been cascaded from the parent company, which limits the available information on their climate commitments. In the context of the financial services industry, it is increasingly important for institutions like Utkarsh Small Finance Bank to develop and communicate clear climate strategies and emissions reduction goals to align with global sustainability efforts.
How Carbon Intensive is Utkarsh Small Finance Bank Limited's Industry?
How Carbon Intensive is Utkarsh Small Finance Bank Limited's Location?
Utkarsh Small Finance Bank Limited'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.
Utkarsh Small Finance 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.
