The Asian Development Bank (ADB), headquartered in Manila, Philippines, is a prominent multilateral development institution established in 1966. With a mission to promote social and economic development across Asia and the Pacific, ADB operates in over 40 countries, focusing on sectors such as infrastructure, education, and environmental sustainability.
ADB is renowned for its unique blend of financial products and services, including loans, technical assistance, and grants, tailored to meet the diverse needs of its member countries. The bank has achieved significant milestones, such as its commitment to climate change initiatives and poverty reduction strategies, solidifying its position as a leader in the development finance sector. With a strong emphasis on innovation and partnership, ADB continues to play a vital role in shaping the region's economic landscape.
-9 vs industry average
Adb’s score of 26 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Adb's reported carbon emissions
ADB (Asian Development Bank), headquartered in the Philippines, reported a total of 45,867,410 kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. The breakdown for 2023 includes approximately 3,493,000 kg CO2e for Scope 1, about 2,927,310 kg CO2e for Scope 2, and 8,202,000 kg CO2e for Scope 3 emissions, specifically from business travel. In 2022, ADB's total emissions were approximately 6,066,050 kg CO2e, comprising about 1,798,770 kg CO2e of Scope 1 emissions, 353,340 kg CO2e of Scope 2 emissions, and 3,913,940 kg CO2e from business travel under Scope 3. For 2021, total emissions were reported at 2,313,060 kg CO2e, with Scope 1 at approximately 1,621,000 kg CO2e, Scope 2 at about 506,260 kg CO2e, and Scope 3 business travel at 185,800 kg CO2e. ADB's emissions data for 2020 shows a total of 3,361,560 kg CO2e, primarily from Scope 2 emissions which totalled 547,500 kg CO2e. Scope 1 and Scope 3 data were not fully disclosed for this year. In 2019, ADB's total emissions were 12,586,200 kg CO2e, with Scope 1 emissions at 1,625,070 kg CO2e, Scope 2 at 745,060 kg CO2e, and Scope 3, entirely from business travel, at 10,216,070 kg CO2e. ADB has not publicly disclosed specific reduction targets or commitments in the provided information, nor are there any SBTi (Science Based Targets initiative) reduction targets or climate pledges detailed. The organisation's reporting indicates disclosures across Scope 1, 2, and 3 emissions, with a noted data point missing for Scope 3/purchased goods and services across several reporting years. The organisation also reports GHG intensity metrics per capita and per square meter, with values for 2023 being 12,130 per capita and 230 per m², and for 2022 being 3,940 per capita and 40 per m².
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Adb’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Adb yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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