Srinagar, Oct 06: Jammu & Kashmir Bank has reported a decline in its operational environmental footprint during 2025–26, with total energy consumption falling by 4.5 per cent and combined Scope 1 and Scope 2 greenhouse gas emissions declining by 6.1 per cent, according to its Annual Report 2025–26.
The bank reported total energy consumption of 1,53,153 GJ during the financial year, while its combined Scope 1 and Scope 2 emissions stood at 22,506.07 tCO
The report specifically flags the environmental implications of its financing activities, particularly in relation to climate change, resource scarcity and biodiversity loss.
The bank said financed emissions are likely to represent a significant component of its broader climate impact and that it intends to progressively evaluate relevant asset classes using recognised methodologies, including the Partnership for Carbon Accounting Financials (PCAF).
For FY26, however, the bank said it had not yet undertaken dedicated greenhouse-gas reduction projects or generated/procured carbon credits, while it continues to strengthen its systems for measuring emissions and managing climate-related impacts. The report indicates a gradual shift from measuring the bank’s own environmental footprint towards assessing the much larger climate impact associated with the activities it finances.
