DFCC Bank PLC
DFCC Bank PLC, headquartered in Sri Lanka, is a leading financial institution renowned for its comprehensive banking solutions. Established in 1955, the bank has evolved significantly, marking key milestones in the Sri Lankan banking sector. With a strong presence across major operational regions, DFCC Bank primarily focuses on commercial banking, investment banking, and leasing services. The bank offers a diverse range of core products, including personal loans, business financing, and innovative digital banking solutions, setting itself apart with a commitment to customer-centric service. DFCC Bank has garnered a solid market position, recognised for its robust financial performance and contributions to sustainable development in Sri Lanka. As a pioneer in the industry, DFCC Bank continues to uphold its reputation for excellence and reliability in the financial landscape.
DitchCarbon Score
How does DFCC 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
DFCC Bank PLC's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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DFCC Bank PLC's reported carbon emissions
In 2022, DFCC Bank PLC reported total carbon emissions of approximately 7,752,610 kg CO2e. This figure includes Scope 1 emissions of about 628,420 kg CO2e, Scope 2 emissions of approximately 4,622,800 kg CO2e, and Scope 3 emissions totalling around 2,501,390 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the emissions data indicates a comprehensive approach to tracking and managing their carbon footprint across all three scopes. Comparatively, in 2018, DFCC Bank's total emissions were about 2,823,050 kg CO2e, with Scope 1 at 202,270 kg CO2e, Scope 2 at 1,063,330 kg CO2e, and Scope 3 at 2,283,790 kg CO2e. This suggests a significant increase in emissions over the years, highlighting the need for enhanced climate commitments and reduction strategies moving forward. Overall, while DFCC Bank PLC has made strides in emissions reporting, the absence of defined reduction targets underscores an opportunity for the bank to strengthen its climate action framework.
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| 2015 | 2017 | 2018 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 215,200 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 988,200 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,475,900 | 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.
DFCC 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.
