Axis Bank Ltd

Common Name
Axis Bank
Country
India
Sector
Financial Services
Industry
Banks - Regional
Employees
104,453
Ticker
AXISBANK
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Axis Bank Ltd. is a prominent financial institution in India, holding the status of a major private sector bank. Its primary role is to provide a comprehensive suite of banking and financial services,...

Axis Bank's Climate Target Data Preview

As of 2024, Axis Bank has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Axis Bank ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE)
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2024
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE)
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2027

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Axis Bank's Greenhouse Gas Emissions Pathways

As of 2024, Axis Bank has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Axis Bank have a target to reduce the emissions from its operations?

As of 2024, Axis Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Axis Bank's most ambitious operational target is to reduce these emissions by 3.5% by 2027, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2023.

Axis Bank has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2027 value, achieving its climate goal ahead of schedule.

Axis Bank's Operational (Scope 1+2) Emissions Pathway

202320242024202700000Current (-31%)Target 2027 (-4%)
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