Eastern Bank PLC.
Eastern Bank PLC, commonly referred to as EBL, is a prominent financial institution headquartered in Dhaka, Bangladesh. Established in 1992, the bank has made significant strides in the banking sector, offering a diverse range of services including retail banking, corporate banking, and treasury operations. With a strong presence across major operational regions in Bangladesh, EBL is recognised for its innovative banking solutions and customer-centric approach. The bank's core products encompass personal loans, credit cards, and various deposit schemes, all designed to meet the evolving needs of its clientele. EBL has garnered a reputation for its commitment to digital banking, making it a leader in the industry. With numerous accolades and a solid market position, Eastern Bank PLC continues to play a vital role in the financial landscape of Bangladesh.
DitchCarbon Score
How does Eastern Bank PLC.'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
Eastern Bank PLC.'s score of 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eastern Bank PLC.'s reported carbon emissions
In 2024, Eastern Bank PLC. reported total carbon emissions of approximately 1,391,000,000 kg CO2e. This figure includes 762,324,000 kg CO2e from Scope 1 emissions, 17,200,000 kg CO2e from Scope 2 emissions, and a significant 1,391,000,000 kg CO2e from Scope 3 emissions. In 2023, the bank's total emissions were slightly lower at about 1,346,000,000 kg CO2e, with Scope 1 emissions at 632,804,000 kg CO2e and Scope 2 emissions remaining consistent at 17,200,000 kg CO2e. Eastern Bank PLC. has committed to achieving net zero emissions by 2050, aligning with global efforts to limit warming to 1.5 degrees Celsius. This long-term target encompasses all scopes of emissions, reflecting the bank's dedication to comprehensive climate action. The commitment was established in 2023 and aims to significantly reduce their carbon footprint over the coming decades. The emissions data is not cascaded from any parent organization, indicating that these figures are solely attributed to Eastern Bank PLC. itself. The bank's proactive stance on climate commitments positions it as a responsible entity in the financial sector, addressing the urgent need for sustainability.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 632,804,000 | 000,000,000 |
| Scope 2 | 17,200,000 | 00,000,000 |
| Scope 3 | 1,346,000,000 | 0,000,000,000 |
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.
Eastern Bank PLC. 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.
