Seylan Bank PLC, a prominent financial institution in Sri Lanka, is headquartered in Colombo and serves a diverse clientele across the island. Established in 1987, the bank has made significant strides in the banking sector, focusing on retail and corporate banking, as well as treasury services. Seylan Bank is renowned for its innovative banking solutions, including personal loans, savings accounts, and business financing, tailored to meet the unique needs of its customers. With a commitment to customer service and technological advancement, the bank has positioned itself as a trusted partner in financial growth. Notable achievements include a strong market presence and recognition for its contributions to the local economy, making Seylan Bank a key player in Sri Lanka's banking landscape.
How does Seylan Bank 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.
Seylan Bank PLC's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Seylan Bank PLC reported an employee-related carbon emission of approximately 1,390 kg CO2e per employee. However, the bank has not disclosed specific data regarding its total emissions across Scope 1, 2, or 3, nor has it set formal reduction targets or climate pledges. Despite the absence of detailed emissions data and reduction initiatives, Seylan Bank's commitment to addressing climate change can be inferred from its operational practices and industry context. As a financial institution headquartered in Sri Lanka (LK), Seylan Bank is positioned to influence sustainable practices within the banking sector, potentially encouraging environmentally responsible investments and financing. Overall, while specific emissions figures and reduction commitments are lacking, Seylan Bank PLC's focus on sustainability remains a critical aspect of its corporate responsibility strategy.
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.
Seylan Bank 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.