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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.
28
DitchCarbon score
-9 vs industry average
Bandhan Bank’s score of 28 is lower than 41% 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
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Bandhan Bank's reported carbon emissions
Bandhan Bank's carbon emissions for 2024 were approximately 1,202,720 kg CO2e. This includes about 1,180 kg CO2e from Scope 1 emissions and approximately 1,201,540 kg CO2e from Scope 2 emissions.
In 2023, the bank's emissions were about 1,284,720 kg CO2e, with Scope 1 emissions at approximately 470 kg CO2e and Scope 2 emissions at around 1,284,250 kg CO2e. For 2022, emissions totalled roughly 1,134,150 kg CO2e, comprising approximately 130 kg CO2e from Scope 1 and about 1,134,020 kg CO2e from Scope 2.
Bandhan Bank, operating in the "Financial intermediation services, except insurance and pension funding services" sector, discloses Scope 1 and Scope 2 emissions but currently does not provide Scope 3 emissions data. The emissions data for Bandhan Bank is directly from Bandhan Bank Limited, its current subsidiary. No specific climate reduction targets or commitments, such as Science Based Targets Initiative (SBTi) targets or a climate pledge, have been disclosed.
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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.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Bandhan Bank12 days ago
28
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