National Housing Bank
The National Housing Bank (NHB), headquartered in India, plays a pivotal role in the country's housing finance sector. Established in 1988, NHB was created to promote housing finance institutions and enhance the flow of credit to the housing sector. With a focus on affordable housing, the bank operates across various regions in India, supporting both urban and rural development. NHB's core services include refinancing housing loans, providing financial assistance to housing finance companies, and implementing government housing schemes. Its unique approach to fostering sustainable housing solutions has positioned it as a leader in the industry. Notable achievements include its significant contributions to the Pradhan Mantri Awas Yojana, aimed at ensuring housing for all. Through its commitment to innovation and accessibility, the National Housing Bank continues to shape the future of housing finance in India.
DitchCarbon Score
How does National Housing 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 Services Auxiliary to 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
National Housing Bank's score of 14 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Housing Bank's reported carbon emissions
In 2024, the National Housing Bank reported total carbon emissions of approximately 638,540 kg CO2e, comprising 15,990 kg CO2e from Scope 1 and 622,550 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, where emissions were about 454,360 kg CO2e, with 15,020 kg CO2e from Scope 1 and 439,340 kg CO2e from Scope 2. Despite these figures, the National Housing Bank has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The emissions data is not cascaded from any parent organisation, reflecting the bank's independent reporting on its carbon footprint. The bank's commitment to addressing climate change is essential in the context of the financial sector's growing focus on sustainability and responsible lending practices.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 15,020 | 00,000 |
| Scope 2 | 439,340 | 000,000 |
| Scope 3 | - | - |
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.
National Housing 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.
