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) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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.
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.
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.
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.
In 2023, Indian Overseas Bank's total energy consumption was primarily sourced from
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.