- Climate-related risks to borrowers.
- Maintaining sustainability across the organization.
Bank of Baroda
Greenhouse gas emissions & sustainability report data
In its Q3 FY 2024 reporting, Bank of Baroda disclosed greenhouse gas emissions of 3.5K tons CO2e reduction (approx.). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.5K tons CO2e reduction (approx.)
Q3 FY 2024
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| Q3 FY 2024 | 3.5K tons CO2e reduction (approx.) |
| FY23 | 2.4K tons CO2e reduction |
| 2023-24 | 5.4K tCO2e/year (Scope 1 & 2) |
| 2023-04 to 2024-03 | 222.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon dioxide emissions by approximately 3500 tons through the use of green/renewable/solar energy.
- 177 branches in rural/semi-urban areas run on solar energy.
- Installation of solar panels in 6 bank-owned buildings (123KW total capacity).
- Recycled water used in washrooms of corporate office building.
- All boundary lights in the corporate office building powered by solar energy.
- All domestic branches have LED lights installed.
- Green Building rating for 4 buildings.
- Concessional ROI @ 25 bps for electric auto loans.
- Installation of a bio-gas plant at Bank’s building in BKC, Mumbai.
- Paperless office initiative to reduce paper usage.
🌱 ESG Focus Areas
Sustainable FinanceRenewable EnergyEmployee Well-beingEnvironmental ConservationSocial Initiatives