- Changing customer expectations
- Dramatic pace of business growth
- Emerging risk landscape
- Cybersecurity threats
- Data privacy concerns
- Operational vulnerabilities
- Climate change risks
- Evolving regulation
- Geopolitical volatility
- Disruptive technological advances
Kotak Mahindra Bank Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Kotak Mahindra Bank Limited disclosed greenhouse gas emissions of 112.8K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 10.4K tCO2e/year; Scope 2: 102.4K tCO2e/year; Scope 3: 47.0K tCO2e/year. 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
112.8K tCO2e/year (Scope 1 & 2)
2023-04 to 2024-03
Renewable Energy
7%
of total energy
Water Usage
852.5K KL/year
2023-04 to 2024-03
Waste
1.2K tons/year
2023-04 to 2024-03
Energy Use
116.9K MWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 10.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 102.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 47.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 112.8K tCO2e/year (Scope 1 & 2) |
| 2020-21 | 31.2K tCO2e (large offices) |
| 2019-20 | 22.8K tCO2e (Scope 1 and 2) |
| 2014-2015 | 15.1K tCO2 (due to electricity purchased) |
| 2013-14 | 14.0K tCO2e/year (due to electricity purchased) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 7%+ share of renewable power used by the Bank
- 2.6x renewable power used compared to previous year
- Green asset book of more than ₹6,000 crore
- 12 LEED/IGBC certified offices
- 6 Organic waste converters (OWCs) with total 250+ kg/day capacity
🌱 ESG Focus Areas
Data Security and Resilient IT SystemsRegulatory ComplianceData PrivacyBusiness EthicsCorporate GovernanceBrand RecognitionCustomer CentricityEmployee Development and EngagementFormulation of an ESG RoadmapDiversity, Equity, and InclusionEmployee Health and Well BeingPromoting Green FinanceESG and Climate Risk Management in Lending and InvestmentsFinancing Inclusion and Social DevelopmentOperational Eco-efficiency and Resilience to Climate ChangePolicy AdvocacyCommunity Well-beingSupply Chain Sustainability