Laxmi Sunrise Bank Carbon Emission Report FY 2080/81: Nepal Sustainable Banking & Climate Transparency
10th June 2025, Kathmandu
Laxmi Sunrise Bank has released its carbon emission report for the fiscal year 2080/81 (2023/24). The report highlights the bank’s strong commitment to climate transparency and environmental protection.
Laxmi Sunrise Carbon Emission Report
This initiative is part of the bank’s broader sustainability strategy. It follows global practices of responsible banking and aligns with Nepal’s national climate goals.
Carbon Accounting Based On PCAF Methodology
The bank used the Partnership for Carbon Accounting Financials (PCAF) standard to measure emissions. The report focuses on emissions linked to its loan portfolio.
According to the findings, the total carbon emissions reached 202,013.42 metric tons of CO₂ equivalent (tCO₂e) during the fiscal year. These emissions are linked to loans in various sectors.
Here is the breakdown:
Business Loans: 190,293.42 tCO₂e
Vehicle Loans: 1,528.98 tCO₂e
Home Loans: 9,485.46 tCO₂e
Project Finance (Excluding Hydropower): 705.56 tCO₂e
These figures highlight which sectors contribute most to the bank’s financed emissions.
Hydropower Investments Cut Carbon Footprint
While some sectors drive emissions, others help reduce them. The bank’s investments in hydropower projects avoided an estimated 20,347.11 tCO₂e in carbon emissions.
This proves the bank’s growing support for clean and renewable energy. It also shows that green finance can have a measurable climate benefit.
Support For Nepal’s Net Zero Goal by 2045
Nepal has committed to reaching net-zero carbon emissions by 2045. Laxmi Sunrise Bank is aligning its strategy with this national goal.
The bank is expanding its efforts in:
Green Finance
Energy-efficient Loans
Environmental Risk Management
These actions form the foundation of a low-carbon future for the bank and its customers.
Three R Strategy In Daily Operations
The bank is also taking action within its operations. It encourages the 3R approach — Reduce, Reuse, and Recycle — across all departments and services.
This includes efforts to minimize paper use, reduce energy consumption, and manage waste responsibly. The bank believes that internal change is vital for long-term sustainability.
Mission 10,000: Tree Plantation Campaign
As part of its climate action, the bank launched the ambitious “Mission 10,000” tree-planting campaign in the current fiscal year.
So far, around 7,500 trees have already been planted. The target is to reach 10,000 trees by the end of the year. The campaign shows the bank’s belief in taking real, measurable action to protect the environment.
Tree plantation plays a key role in offsetting carbon emissions and promoting biodiversity. This effort also raises public awareness about climate action.
More Loan Categories To Be Included In Future Reports
The bank plans to increase transparency in the future. It will include additional loan categories in its carbon accounting system.
This move will improve accountability and make the carbon footprint data more complete. It is a part of the bank’s long-term sustainability roadmap.
Sustainability At The Core Of Banking Strategy
The bank’s sustainability efforts are not just add-ons—they are now central to its business model. By measuring financed emissions, investing in renewables, and promoting responsible consumption, Laxmi Sunrise Bank is leading by example.
Its carbon emission report reflects the bank’s strong belief that banks must play a leading role in climate action.
Conclusion
Laxmi Sunrise Bank’s report sets a new benchmark in Nepal’s banking sector. By combining scientific carbon accounting, green finance, and practical action like tree planting, the bank is making real progress.
The bank remains committed to building a climate-resilient future and will continue to take steps that align financial growth with environmental responsibility.
For more: Laxmi Sunrise Carbon Emission Report
