ADB, or the Asian Development Bank, is a prominent multilateral development bank headquartered in Manila, Philippines. Established in 1966, ADB has played a crucial role in fostering economic growth and cooperation across Asia and the Pacific, with a focus on reducing poverty and enhancing sustainable development. The bank primarily operates in sectors such as infrastructure, education, and environmental sustainability, offering a range of financial products and services, including loans, technical assistance, and grants. ADB is recognised for its unique approach to development, combining financial resources with expert knowledge to address complex regional challenges. With a strong market position, ADB has achieved significant milestones, including financing numerous transformative projects that have positively impacted millions of lives. Its commitment to innovation and collaboration continues to solidify its reputation as a leader in the development finance industry.
How does Adb'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.
Adb's score of 38 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ADB reported total carbon emissions of approximately 45.9 million tonnes CO2e. This figure includes 3.5 million tonnes from Scope 1 emissions, 2.9 million tonnes from Scope 2, and 8.2 million tonnes from Scope 3, primarily attributed to business travel. Over the years, ADB has seen fluctuations in its emissions. For instance, in 2013, total emissions were about 20.5 million tonnes CO2e, with significant contributions from Scope 2 emissions at approximately 10.5 million tonnes. By 2022, total emissions had increased to about 6.1 million tonnes CO2e, indicating a complex trajectory in their carbon footprint. Despite these figures, ADB has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry challenges in establishing clear pathways for emissions reductions. Overall, ADB's emissions data highlights the ongoing need for strategic climate action and transparency in reporting, as the organisation navigates its environmental impact in a rapidly changing climate landscape.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 527,250 | 0,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 10,532,780 | - | 0,000,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
Scope 3 | 9,467,650 | - | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.
Adb 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.