Bandhan Bank
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.
DitchCarbon Score
How does Bandhan Bank'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.
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.
Industry Benchmark
Bandhan Bank's score of 18 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Bandhan Bank's reported carbon emissions
In 2024, Bandhan Bank reported carbon emissions of approximately 1,180 kg CO2e, exclusively from Scope 1 sources. In the previous year, 2023, the bank's emissions were significantly higher, with Scope 1 emissions at about 470 kg CO2e and Scope 2 emissions at approximately 1,284,250 kg CO2e. This indicates a notable increase in Scope 2 emissions, which are associated with the energy consumed by the bank's operations. For 2022, Bandhan Bank's emissions were recorded at about 130 kg CO2e for Scope 1 and approximately 1,134,020 kg CO2e for Scope 2. The data reflects a consistent reporting of emissions across these scopes, although no emissions data is available for the Indian region specifically for 2023 and 2022. Currently, Bandhan Bank does not have any publicly stated reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction initiatives suggests that the bank may be in the early stages of developing a comprehensive climate strategy. Overall, while Bandhan Bank has made strides in emissions reporting, particularly in Scope 1 and 2, there is a clear opportunity for the bank to establish and communicate specific climate commitments and reduction targets to enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 130 | 000 | 0,000 |
| Scope 2 | 1,134,020 | 0,000,000 | - |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bandhan Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
