Merchant Bank of Sri Lanka & Finance PLC, commonly referred to as MBSL, is a prominent financial institution headquartered in Colombo, Sri Lanka. Established in 1982, MBSL has carved a niche in the banking and finance sector, offering a diverse range of services across the island, particularly in urban and suburban regions. Specialising in merchant banking, leasing, and investment services, MBSL stands out for its customer-centric approach and innovative financial solutions tailored to meet the needs of both individuals and businesses. The bank has achieved significant milestones, including recognition for its robust financial performance and commitment to sustainable practices. With a strong market position, MBSL continues to enhance its portfolio, providing unique products that cater to the evolving demands of the Sri Lankan economy.
How does Merchant Bank of Sri Lanka & Finance PLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Merchant Bank of Sri Lanka & Finance PLC's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Merchant Bank of Sri Lanka & Finance PLC currently does not have available carbon emissions data, as no specific emissions figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions to analyse. Additionally, the bank has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. As the industry evolves, it is likely that Merchant Bank of Sri Lanka & Finance PLC will consider implementing strategies to address climate change and reduce their carbon footprint in alignment with global best practices.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Merchant Bank of Sri Lanka & Finance PLC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.