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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.
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.
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.
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.
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. It is important to note that Utkarsh Small Finance Bank Limited is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organization. However, no specific details regarding such cascaded data or initiatives have been provided. In the context of the financial services industry, many institutions are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon emissions. As Utkarsh Small Finance Bank Limited continues to develop its environmental strategy, it may consider aligning with industry standards and frameworks to enhance its climate commitments in the future.
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.
Utkarsh Small Finance 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.