IDFC First Bank Ltd
IDFC First Bank's GHG Emissions Data Preview
In 2024, IDFC First Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
IDFC First Bank has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 IDFC First Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of IDFC First Bank amounted to 36,836.72 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of IDFC First Bank increased by 46.69%, suggesting that the company faced challenges in reducing its emissions from its core operations.
IDFC First Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are IDFC First Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of IDFC First Bank were 566.65 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2023), IDFC First Bank's Scope 1 emissions increased by 94.66%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are IDFC First Bank's Scope 2 emissions?
In 2024, IDFC First Bank reported Scope 2 greenhouse gas (GHG) emissions of 36,270.07 tCOâ‚‚e without specifying the calculation method.
Has IDFC First Bank reduced its Scope 2 emissions over time?
Compared to the previous year (2023), IDFC First Bank's Scope 2 emissions (Unspecified Calculation Method) rose by 46.12% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does IDFC First Bank use for Scope 2 reporting?
In 2024, IDFC First Bank reported its Scope 2 emissions using an unspecified methodology.
IDFC First Bank's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into IDFC First Bank's Value Chain Emissions
In 2024, IDFC First Bank reported 39,404.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of IDFC First Bank includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
IDFC First Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are IDFC First Bank's Scope 3 emissions?
In 2024, IDFC First Bank reported total Scope 3 emissions of 39,404.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2023), IDFC First Bank's Scope 3 emissions increased by 1,589.72%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does IDFC First Bank disclose?
In 2024, IDFC First Bank reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of IDFC First Bank's Scope 3 emissions?
In 2024, the largest contributors to IDFC First Bank's Scope 3 emissions were:
- Business Travel (Cat. 6): 35,871.3 tCOâ‚‚e (91.03%)
- Purchased Goods and Services (Cat. 1): 2,080.6 tCOâ‚‚e (5.28%)
- Employee Commuting (Cat. 7): 1,452.4 tCOâ‚‚e (3.69%)
IDFC First Bank's Scope 3 Emissions by Categories
Insights into IDFC First Bank's Total Carbon Footprint
In 2024, IDFC First Bank reported a total carbon footprint of 76,240.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 177.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to IDFC First Bank's total carbon footprint was Scope 3 emissions, accounting for 51.68% of the company's total carbon footprint, followed by Scope 2 emissions at 47.57%.