Indusind Bank
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.
DitchCarbon Score
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.
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
Indusind Bank's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indusind Bank's reported carbon emissions
In 2024, IndusInd Bank reported total carbon emissions of approximately 40,000,000 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. This represents a slight decrease in emissions compared to 2023, where total emissions were about 53,348,000 kg CO2e, with Scope 1 at 19,074,000 kg CO2e, Scope 2 at 53,348,000 kg CO2e, and Scope 3 at 6,592,000 kg CO2e. Over the years, IndusInd Bank has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The bank's emissions intensity metrics indicate a trend towards improved efficiency, with GHG emissions intensity per full-time equivalent (FTE) reported at 1,440 kg CO2e in 2024, down from 1,900 kg CO2e in 2023. IndusInd Bank has disclosed emissions across all three scopes, demonstrating transparency in its climate impact reporting. However, the absence of specific reduction targets or climate pledges suggests that while the bank is monitoring its emissions, it may not yet have formalised ambitious climate commitments.
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| 2012 | 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 |
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.
Indusind 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.
