Kotak Mahindra Bank Ltd

Common Name
Kotak Mahindra Bank
Country
India
Sector
Financial Services
Industry
Banks - Regional
Employees
114,000
Ticker
KOTAKBANK
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Kotak Mahindra Bank Ltd. is a prominent private sector bank in India, established to provide comprehensive banking and financial services. It operates in the commercial banking domain, offering a wide...

Kotak Mahindra Bank's GHG Emissions Data Preview

In 2024, Kotak Mahindra 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).

Kotak Mahindra Bank has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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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 Kotak Mahindra Bank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Kotak Mahindra Bank amounted to 112,800.2 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 Kotak Mahindra Bank increased by 21.69%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Kotak Mahindra Bank's Scope 1 Emissions Over Time

2023202403.5 k7 k10.5 k14 ktCO2e-15%
  • Total Scope 1
  • Year-over-Year Change

What are Kotak Mahindra Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kotak Mahindra Bank were 10,352.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Kotak Mahindra Bank's Scope 1 emissions decreased by 15.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Kotak Mahindra Bank's Scope 2 emissions?

In 2024, Kotak Mahindra Bank reported Scope 2 greenhouse gas (GHG) emissions of 102,447.5 tCOâ‚‚e without specifying the calculation method.

Has Kotak Mahindra Bank reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Kotak Mahindra Bank's Scope 2 emissions (Unspecified Calculation Method) rose by 27.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Kotak Mahindra Bank use for Scope 2 reporting?

In 2024, Kotak Mahindra Bank reported its Scope 2 emissions using an unspecified methodology.

Kotak Mahindra Bank's Scope 2 Emissions Over Time

20232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kotak Mahindra Bank's Value Chain Emissions

In 2024, Kotak Mahindra Bank reported 47,005.3 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 Kotak Mahindra Bank includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Kotak Mahindra Bank's Scope 3 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e-39%
  • Total Scope 3
  • Year-over-Year Change

What are Kotak Mahindra Bank's Scope 3 emissions?

In 2024, Kotak Mahindra Bank reported total Scope 3 emissions of 47,005.3 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), Kotak Mahindra Bank's Scope 3 emissions decreased by 39%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Kotak Mahindra Bank disclose?

In 2024, Kotak Mahindra Bank reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Kotak Mahindra Bank's Scope 3 emissions?

In 2024, the largest contributors to Kotak Mahindra Bank's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 22,327.518 tCOâ‚‚e (47.5%)
  • Capital Goods (Cat. 2): 11,939.346 tCOâ‚‚e (25.4%)
  • Business Travel (Cat. 6): 8,319.938 tCOâ‚‚e (17.7%)

Kotak Mahindra Bank's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(25.4%)Business Travel(Cat. 6)(17.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(47.5%)

Insights into Kotak Mahindra Bank's Total Carbon Footprint

In 2024, Kotak Mahindra Bank reported a total carbon footprint of 159,805.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.86% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Kotak Mahindra Bank's total carbon footprint was Scope 2 emissions, accounting for 64.11% of the company's total carbon footprint, followed by Scope 3 emissions at 29.41%.

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