Axis Bank

Sustainability Report and Carbon Intensity Rankings

Is Axis Bank doing their part?

Their DitchCarbon score is 48

Axis Bank has a DitchCarbon Score of 48 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would denote stronger efforts towards minimizing carbon intensity and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Axis Bank operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Axis Bank is located in India, a region with a very high carbon intensity rating. This suggests that the bank’s operations may be influenced by the country’s high reliance on carbon-intensive energy sources, potentially impacting its sustainability efforts.
2.83%

...this company is doing 2.83% worse in emissions than the industry average.

Axis Bank, founded in 1994 and headquartered in Mumbai, operates in the finance sector as one of India’s leading private banks. It provides a wide range of financial services to various customer segments including large and mid-corporates, SMEs, and retail businesses. With a global presence through international offices and a focus on innovation and customer-centricity, Axis Bank continues to be a prominent player in the banking industry.

Bad news, Axis Bank hasn't committed to SBTi goals yet

Axis Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.

There’s always room for improvement,

DitchCarbon recommends...

Axis Bank should foster the adoption of circular economy strategies to minimize emissions associated with their purchased goods and services, potentially reducing their emissions by 25%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.