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ICICI Bank

Sustainability Report and Carbon Intensity Rankings

Over 1 Billion
Over 10K Employees
Website
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Is ICICI Bank doing their part?

Their DitchCarbon score is 48

ICICI 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. The bank’s current efforts place it at nearly the halfway mark in terms of achieving lower carbon intensity and enhanced 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

ICICI Bank operates in 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

ICICI Bank is situated in India, a region with a very high carbon intensity rating. This suggests that the bank’s operations are likely to have a larger carbon footprint, potentially making its sustainability efforts more challenging.
2.83%

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

ICICI Bank, founded in 1994 and headquartered in Mumbai, is a prominent player in India’s finance sector. As one of the country’s largest private sector banks, it boasts a vast network that includes 4,856 branches and 13,792 ATMs as of September 2017. The bank provides a comprehensive suite of financial services, including investment banking, insurance, venture capital, and asset management to both corporate and retail customers.
Compare ICICI Bank with other companies in the same industry –>

emission intelligence's platform recommendations for ICICI Bank

ICICI Bank could potentially reduce its emissions by 0.2% by investing in energy-efficient appliances and equipment to lower its scope 2 emissions from purchased electricity.
Full recommendation sample, Adobe ->

Bad news, ICICI Bank has not committed to SBTi goals.

ICICI Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is yet to define and announce clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.
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Our methodology

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

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