Indian Overseas Bank

Country
India
Sector
Financial Services
Industry
Banks - Regional
Employees
21,148
Ticker
IOB
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Website
www.iob.in
Description
Indian Overseas Bank is a comprehensive public sector banking and financial services company based in India. Established in 1937, the bank primarily focuses on providing a wide array of retail banking...

Indian Overseas Bank Energy Data Preview

In 2023, Indian Overseas Bank disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Indian Overseas Bank disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Indian Overseas Bank also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Indian Overseas Bank's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Indian Overseas Bank's Energy Renewability

In 2023, Indian Overseas Bank consumed a total of 255,470.05 Gigajoules of energy across its operations. Of this total, 1.56% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.44% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Indian Overseas Bank's Energy Renewability Rate

2%

How much of Indian Overseas Bank's energy consumed is renewable?

In 2023, Indian Overseas Bank consumed a total of 255,470.05 Gigajoules of energy, of which 1.56% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Indian Overseas Bank has considerable room to improve its energy sustainability strategy.

Are Indian Overseas Bank's energy practices becoming more sustainable?

Since 2023, Indian Overseas Bank's total energy consumption increased by 5.6%, reflecting a recent rise in overall energy demand.

Over the same period, the share of renewable energy in Indian Overseas Bank's consumption increased by 12.49%, showing a recent positive trend in clean energy adoption.

Indian Overseas Bank's Renewable vs Non-renewable Energy Over Time

276.63 k126.63 k23.37 k276.63 kGigajoules (GJ)2022202399%98%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Indian Overseas Bank's Energy Consumption & Production Mix

In 2023, Indian Overseas Bank disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Indian Overseas Bank's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Indian Overseas Bank's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(87.7%)Fuel(Unspecified Type)(10.7%)

What are the main sources and generation technologies behind Indian Overseas Bank's energy consumption?

In 2023, Indian Overseas Bank's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (87.7%)
  • Fuel (Unspecified Type) (10.74%)
  • Wind Energy (1.56%)

How diverse is Indian Overseas Bank’s energy consumption mix?

In 2023, Indian Overseas Bank consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 87.7% of total consumption.

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