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.
+2 vs industry average
Indusind Bank’s score of 37 is higher than 58% 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.
Indusind Bank's reported carbon emissions
In 2024, IndusInd Bank reported total emissions of approximately 65,492,000 kg CO2e, comprising 16,977,000 kg CO2e from Scope 1, 48,515,000 kg CO2e from Scope 2, and 9,600,000 kg CO2e from Scope 3. The bank has disclosed emissions data for all three scopes, demonstrating a commitment to transparency in its environmental impact. For the previous year, 2023, IndusInd Bank's total emissions were approximately 72,422,000 kg CO2e, with Scope 1 emissions at 19,074,000 kg CO2e, Scope 2 at 53,348,000 kg CO2e, and Scope 3 at 6,592,000 kg CO2e. This indicates a slight reduction in total emissions from 2023 to 2024. Despite these figures, IndusInd Bank has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of its operations. Overall, IndusInd Bank's emissions data highlights its current environmental footprint while indicating an opportunity for future commitments to reduce its carbon emissions and enhance sustainability practices.
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Indusind Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Indusind Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Indusind Bank
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