Sampath Bank
Sampath Bank PLC, a prominent financial institution headquartered in Sri Lanka (LK), has been a cornerstone of the banking industry since its establishment in 1986. With a strong presence across major operational regions in Sri Lanka, the bank offers a diverse range of services, including retail banking, corporate banking, and treasury operations. Sampath Bank is renowned for its innovative banking solutions, such as digital banking platforms and personalised customer service, which set it apart in a competitive market. Over the years, the bank has achieved significant milestones, including numerous awards for excellence in service and technology. As a leading player in the Sri Lankan banking sector, Sampath Bank continues to enhance its market position through strategic growth and a commitment to customer satisfaction.
DitchCarbon Score
How does Sampath 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
Sampath Bank's score of 37 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sampath Bank's reported carbon emissions
In 2023, Sampath Bank reported total carbon emissions of approximately 10,378,000 kg CO2e. This figure includes 937,000 kg CO2e from Scope 1 emissions, 6,654,000 kg CO2e from Scope 2 emissions, and 2,787,000 kg CO2e from Scope 3 emissions. Compared to 2022, when total emissions were about 11,645,000 kg CO2e, the bank achieved a reduction of approximately 1,267,000 kg CO2e. The emissions data for 2022 indicated that Scope 1 emissions were 1,321,000 kg CO2e, Scope 2 emissions were 7,924,000 kg CO2e, and Scope 3 emissions were 2,400,000 kg CO2e. In 2021, the total emissions were about 9,263,000 kg CO2e, with Scope 1 at 341,000 kg CO2e, Scope 2 at 5,391,000 kg CO2e, and Scope 3 at 3,531,000 kg CO2e. The trend shows a significant decrease in emissions over the years, reflecting the bank's commitment to reducing its carbon footprint. Sampath Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's emissions data is not cascaded from any parent organization, indicating that it independently reports its carbon emissions and climate commitments. Overall, Sampath Bank's emissions data demonstrates a proactive approach to managing and reducing its carbon emissions, aligning with industry standards for climate accountability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 354,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 5,350,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,434,000 | 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.
Sampath 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.
