Bandhan Bank Limited, headquartered in Kolkata, India, is a prominent player in the Indian banking sector, primarily focusing on microfinance and retail banking. Established in 2015, the bank has rapidly expanded its footprint across various regions, serving millions of customers with a commitment to financial inclusion.
The bank offers a diverse range of products and services, including savings accounts, loans, and insurance, tailored to meet the needs of underserved populations. Bandhan Bank's unique approach combines traditional banking with innovative microfinance solutions, setting it apart in the competitive landscape.
With a strong market position, Bandhan Bank has achieved significant milestones, including rapid growth in customer base and assets under management. Its dedication to empowering individuals and small businesses has earned it recognition as a leader in the microfinance industry in India.
-13 vs industry average
Bandhan Bank’s score of 22 is lower than 15% 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 increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bandhan Bank's reported carbon emissions
In 2024, Bandhan Bank reported total carbon emissions of approximately 1,180 kg CO2e, with emissions solely from Scope 1. In the previous year, 2023, the bank's emissions were approximately 1,284,720 kg CO2e, comprising 470 kg CO2e from Scope 1 and about 1,284,250 kg CO2e from Scope 2. In 2022, the emissions were approximately 1,134,150 kg CO2e, with 130 kg CO2e from Scope 1 and about 1,134,020 kg CO2e from Scope 2. Despite the significant emissions reported, Bandhan Bank has not established specific reduction targets or initiatives as part of its climate commitments. The bank's emissions data is cascaded from its parent organization, Bandhan Bank Limited, indicating a corporate family relationship that influences its reporting and performance metrics. Overall, while Bandhan Bank has made strides in emissions reporting, it currently lacks defined reduction strategies or commitments to address its carbon footprint effectively.
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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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