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Public Profile
Financial Intermediation
BD
updated 2 months ago

Uttara Bank PLC. Sustainability Profile

Company website

Uttara Bank PLC, a prominent financial institution in Bangladesh, has established itself as a key player in the banking sector since its inception in 1999. Headquartered in Dhaka, the bank operates extensively across major regions in Bangladesh, providing a wide array of banking services tailored to meet the diverse needs of its clientele. Specialising in retail banking, corporate banking, and international trade finance, Uttara Bank PLC is recognised for its customer-centric approach and innovative financial solutions. The bank's core offerings include savings accounts, loans, and investment services, all designed to enhance financial accessibility and support economic growth. With a strong market presence and a commitment to excellence, Uttara Bank PLC continues to achieve significant milestones, solidifying its reputation as a trusted banking partner in Bangladesh.

DitchCarbon Score

How does Uttara 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.

22

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.

29

Industry Benchmark

Uttara Bank PLC.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Uttara Bank PLC.'s reported carbon emissions

Uttara Bank PLC., headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a result, Uttara Bank PLC. has not established any formal commitments to reduce its carbon footprint or align with industry standards such as the Science Based Targets initiative (SBTi). The lack of emissions data and reduction initiatives suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to adopt transparent climate commitments and set measurable targets to mitigate their environmental impact. Without specific data or initiatives, Uttara Bank PLC. may face challenges in demonstrating its commitment to sustainability and addressing climate change effectively.

How Carbon Intensive is Uttara Bank PLC.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Uttara Bank PLC.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Uttara Bank PLC.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Uttara Bank PLC. is in BD, which has a low grid carbon intensity relative to other regions.

Uttara 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.

Uttara 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Uttara Bank PLC.'s Emissions with Industry Peers

NRBC Bank PLC.

BD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Prime Bank PLC.

BD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 3 hours ago

Santander Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Global Islami Bank PLC.

BD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

BRAC Bank

BD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Dutch-Bangla Bank PLC.

BD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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