Central Bank of India, a prominent player in the Indian banking sector, was established in 1911 and is headquartered in Mumbai, India. As a public sector bank, it operates extensively across various regions in India, providing a wide array of financial services. The bank's core offerings include retail banking, corporate banking, and agricultural finance, distinguished by its commitment to customer service and innovative solutions. With a rich history marked by significant milestones, Central Bank of India has evolved to become a trusted financial institution, catering to millions of customers. Its unique products, such as specialised loan schemes and digital banking services, position it favourably in the competitive landscape. The bank's dedication to financial inclusion and community development further enhances its reputation, making it a key player in the Indian banking industry.
How does Central Bank Of India'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 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.
Central Bank Of India's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Central Bank of India currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges. As such, there are no significant achievements or commitments to highlight regarding their climate initiatives. Given the absence of emissions data and reduction initiatives, it is unclear how the Central Bank of India is addressing climate change within its operations. The lack of reported information may reflect a broader industry context where financial institutions are increasingly being called upon to disclose their environmental impact and set ambitious climate targets. As of now, the Central Bank of India does not inherit emissions data from any parent or related organizations, indicating that its climate strategy and reporting are developed independently.
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.
Central Bank Of India 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.