IndusInd Bank Limited, commonly referred to as IndusInd Bank, is a prominent private sector bank headquartered in Mumbai, India. Established in 1994, the bank has rapidly expanded its footprint across major operational regions, including metropolitan cities and rural areas, offering a diverse range of financial services. Operating within the banking and financial services industry, IndusInd Bank provides a comprehensive suite of products, including retail banking, corporate banking, and wealth management. Its unique offerings, such as customised financial solutions and innovative digital banking services, set it apart in a competitive market. With a strong market position, IndusInd Bank has achieved significant milestones, including recognition for its customer service excellence and technological advancements. The bank continues to play a vital role in India's economic landscape, catering to the evolving needs of its diverse clientele.
How does Indusind 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.
Mean score of companies in the 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.
Indusind Bank's score of 52 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IndusInd Bank reported total carbon emissions of approximately 72,422,000 kg CO2e. This figure includes 19,074,000 kg CO2e from Scope 1 emissions, 53,348,000 kg CO2e from Scope 2 emissions, and 6,592,000 kg CO2e from Scope 3 emissions. The bank's emissions have shown a general trend of fluctuation over the years, with significant emissions recorded in previous years, such as 85,544,660 kg CO2e in 2020 and 82,027,340 kg CO2e in 2021. IndusInd Bank has not publicly committed to specific reduction targets or initiatives as part of its climate strategy. However, the bank has been actively monitoring its emissions across all scopes, with a focus on reducing its carbon footprint. The emissions intensity metrics indicate a gradual improvement, with emissions per revenue decreasing over time, reflecting a commitment to sustainability in its operations. Overall, while specific reduction targets are not outlined, IndusInd Bank's ongoing efforts to track and manage its carbon emissions demonstrate a recognition of the importance of addressing climate change within the banking sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 2,188,085 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 18,099,321 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 945,137 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Indusind Bank is committed to some reduction initiatives 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.