Sohar International Bank SAOG, commonly referred to as Sohar Bank, is a prominent financial institution headquartered in Oman. Established in 2007, the bank has rapidly evolved to become a key player in the Omani banking sector, offering a comprehensive range of services including retail banking, corporate banking, and investment solutions. With a strong presence across major operational regions in Oman, Sohar International Bank is recognised for its innovative products and customer-centric approach. The bank's unique offerings, such as tailored financing solutions and digital banking services, set it apart in a competitive market. Notable achievements include a commitment to sustainability and community development, reinforcing its position as a trusted financial partner in the region.
How does Sohar International Bank SAOG'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.
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.
Sohar International Bank SAOG's score of 20 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sohar International Bank SAOG, headquartered in Oman, currently does not have available data on carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined by the bank. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and are working towards integrating climate commitments into their operations. As the industry evolves, it is anticipated that Sohar International Bank will align with global standards and initiatives aimed at reducing carbon footprints and enhancing environmental responsibility.
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.
Sohar International Bank SAOG is not committed to any reduction initiatives 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.