The National Housing Bank (NHB), headquartered in India, plays a pivotal role in the country's housing finance sector. Established in 1988, NHB was created to promote housing finance institutions and enhance the flow of credit to the housing sector. With a focus on affordable housing, the bank operates across various regions in India, supporting both urban and rural development. NHB's core services include refinancing housing loans, providing financial assistance to housing finance companies, and implementing government housing schemes. Its unique approach to fostering sustainable housing solutions has positioned it as a leader in the industry. Notable achievements include its significant contributions to the Pradhan Mantri Awas Yojana, aimed at ensuring housing for all. Through its commitment to innovation and accessibility, the National Housing Bank continues to shape the future of housing finance in India.
How does National Housing Bank'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 Services Auxiliary to 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.
National Housing Bank's score of 8 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the National Housing Bank reported a revenue of approximately USD 237,132,957, but specific carbon emissions data for that year is not disclosed. The emissions data for 2024 is also unavailable, indicating a lack of reported emissions figures in kg CO2e for both years. The organisation has not specified any Scope 1, 2, or 3 emissions data, nor has it set any reduction targets or climate pledges. This absence of information suggests that the National Housing Bank may still be in the early stages of formalising its climate commitments and emissions reporting. As the financial sector increasingly prioritises sustainability, the National Housing Bank's future climate initiatives and transparency in emissions reporting will be crucial for aligning with industry standards and addressing climate change effectively.
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.
National Housing Bank 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.