ABB Azerbaijan, officially known as the Azerbaijan International Bank, is a leading financial institution headquartered in Baku, Azerbaijan (AZ). Established in 1992, the bank has played a pivotal role in the country's economic development, offering a wide range of banking services across retail, corporate, and investment sectors. With a strong presence in major operational regions, ABB Azerbaijan is renowned for its innovative financial solutions, including loans, deposits, and digital banking services. The bank's commitment to customer satisfaction and technological advancement sets it apart in the competitive banking landscape. Recognised for its stability and reliability, ABB Azerbaijan has achieved significant milestones, including numerous awards for excellence in service delivery. As a key player in the Azerbaijani banking industry, ABB continues to enhance its market position through strategic initiatives and a focus on sustainable growth.
How does ABB Azerbaijan'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.
ABB Azerbaijan's score of 11 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ABB Azerbaijan reported total carbon emissions of approximately 6,833,500 kg CO2e, with Scope 1 emissions at about 2,322,200 kg CO2e and Scope 2 emissions at around 4,511,200 kg CO2e. This represents a slight decrease from 2022, where total emissions were approximately 7,211,700 kg CO2e, with Scope 1 at about 2,388,000 kg CO2e and Scope 2 at approximately 4,823,600 kg CO2e. In 2021, the company recorded total emissions of about 6,625,000 kg CO2e, with Scope 1 emissions of approximately 2,217,000 kg CO2e and Scope 2 emissions of around 4,408,000 kg CO2e. Despite these figures, ABB Azerbaijan has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a need for further commitment to sustainability practices within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 2,217,000 | 0,000,000 | 0,000,000 |
Scope 2 | 4,408,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
ABB Azerbaijan 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.