Bandhan Bank, officially known as Bandhan Bank Limited, is a prominent player in the financial intermediation services sector, headquartered in Kolkata, India. Established in 2015, the bank has rapidly expanded its footprint across various regions, focusing primarily on retail banking, microfinance, and small and medium enterprises (SMEs).
With a commitment to financial inclusion, Bandhan Bank offers a range of unique products and services, including savings accounts, loans, and investment options tailored to meet the diverse needs of its customers. The bank has achieved significant milestones, including a successful initial public offering (IPO) in 2018, solidifying its position as a leading financial institution in India. Bandhan Bank's dedication to empowering underserved communities has earned it a notable reputation in the industry, making it a key player in the Indian banking landscape.
-13 vs industry average
Bandhan Bank’s score of 24 is lower than 26% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bandhan Bank's reported carbon emissions
Bandhan Bank, headquartered in India and operating within financial intermediation services (excluding insurance and pension funding), has reported emissions data for its operational footprint.
For the reporting year 2024, Bandhan Bank recorded Scope 1 emissions of approximately 1,180 kg CO2e.
In the reporting year 2023, the bank’s Scope 1 emissions were approximately 470 kg CO2e, and its Scope 2 emissions totalled approximately 1,284,250 kg CO2e. This marks a significant increase in Scope 2 emissions compared to the previous year.
For the reporting year 2022, Bandhan Bank reported Scope 1 emissions of approximately 130 kg CO2e and Scope 2 emissions of approximately 1,134,020 kg CO2e.
It is important to note that Scope 3 emissions data is not yet available for Bandhan Bank. The bank is missing data points for "purchased goods and services" within Scope 3.
Bandhan Bank’s climate initiatives are currently not detailed with specific reduction targets or commitments, such as Science Based Targets (SBTi) or Climate Pledge endorsements. The provided data indicates that Bandhan Bank is a current subsidiary, and its emissions data is sourced directly from "Bandhan Bank Limited" at cascade level 0, meaning the data is not inherited from a higher parent organisation for reporting purposes.
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Bandhan Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bandhan Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Bandhan Bank
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