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Public Profile
Financial Intermediation
JO
updated 5 months ago

Arab Bank Group

Company website

Arab Bank Group, headquartered in Jordan (JO), is a leading financial institution in the Middle East and North Africa (MENA) region. Established in 1930, the bank has a rich history marked by significant milestones, including its expansion into international markets and the introduction of innovative banking solutions. Operating in the banking and financial services industry, Arab Bank Group offers a diverse range of products and services, including retail banking, corporate banking, and investment services. Its unique approach combines local expertise with global standards, catering to both individual and corporate clients. With a strong market position, Arab Bank Group is recognised for its robust financial performance and commitment to customer service. The bank continues to be a key player in the region, driving economic growth and fostering financial inclusion.

DitchCarbon Score

How does Arab Bank Group'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.

22

Industry Average

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.

27

Industry Benchmark

Arab Bank Group's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Arab Bank Group's reported carbon emissions

As of the latest available data, Arab Bank Group has not reported any specific carbon emissions figures, indicating a lack of disclosed emissions data for the most recent year. Consequently, there are no absolute emissions numbers to analyse, including Scope 1, 2, or 3 emissions. In terms of climate commitments, Arab Bank Group has not outlined any specific reduction targets or initiatives. There are no Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges available, which suggests that the bank may still be in the early stages of formalising its climate strategy. Given the absence of reported emissions data and reduction initiatives, it is essential for Arab Bank Group to consider establishing measurable climate commitments and transparent reporting practices to align with industry standards and enhance its sustainability profile.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Arab Bank Group's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Arab Bank Group is in JO, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Arab Bank Group 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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