Seylan Bank PLC
Seylan Bank PLC, a prominent financial institution in Sri Lanka, is headquartered in Colombo and serves a diverse clientele across the island. Established in 1987, the bank has made significant strides in the banking sector, focusing on retail and corporate banking, as well as treasury services. Seylan Bank is renowned for its innovative banking solutions, including personal loans, savings accounts, and business financing, tailored to meet the unique needs of its customers. With a commitment to customer service and technological advancement, the bank has positioned itself as a trusted partner in financial growth. Notable achievements include a strong market presence and recognition for its contributions to the local economy, making Seylan Bank a key player in Sri Lanka's banking landscape.
DitchCarbon Score
How does Seylan 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
Seylan Bank PLC'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.
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Seylan Bank PLC's reported carbon emissions
In 2024, Seylan Bank PLC reported an employee-related carbon emission of approximately 1,390 kg CO2e per employee. This figure reflects the bank's operational impact, although specific data on Scope 1, 2, and 3 emissions has not been disclosed. Currently, Seylan Bank does not have any publicly stated reduction targets or commitments under initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. The absence of these targets suggests that the bank may be in the early stages of developing a comprehensive climate strategy. As Seylan Bank PLC is headquartered in Sri Lanka (LK), it is essential for the institution to align its practices with global climate standards and expectations, particularly in the financial sector, where sustainability commitments are increasingly scrutinised.
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.
Seylan 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.
