Public Profile

Adb

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.

DitchCarbon Score

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.

23

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

Adb's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

Let us know if this data was useful to you

Adb's reported carbon emissions

In 2023, the Asian Development Bank (ADB) reported total carbon emissions of approximately 45,867,410 kg CO2e. This figure includes Scope 1 emissions of about 3,493,000 kg CO2e, Scope 2 emissions of approximately 2,927,310 kg CO2e, and Scope 3 emissions from business travel amounting to around 8,202,000 kg CO2e. In 2022, ADB's total emissions were about 6,066,050 kg CO2e, with Scope 1 emissions at approximately 1,798,770 kg CO2e, Scope 2 at around 353,340 kg CO2e, and Scope 3 emissions from business travel reaching about 3,913,940 kg CO2e. The trend shows a significant increase in emissions from 2022 to 2023. Despite these figures, ADB has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. ADB's emissions data reflects its operational impact, and the bank's future climate strategies will be crucial in addressing its environmental responsibilities.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20132017201820192020202120222023
Scope 1
527,250
0,000,000
0,000,000
0,000,000
-
0,000,000
0,000,000
0,000,000
Scope 2
10,532,780
000,000
000,000
000,000
000,000
000,000
000,000
0,000,000
Scope 3
9,467,650
0,000,000
0,000,000
00,000,000
-
000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Adb'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 Adb is in PH, which has a high 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.

Adb 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

Similar Organizations

Housing and Urban Development Corporation Limited

IN
Financial intermediation services, except insurance and pension funding services (65)
Updated about 8 hours ago

Prime Lands Residencies PLC

LK
Real estate services (70)
Updated about 8 hours ago

Indian Renewable Energy Development Agency

IN
Financial intermediation services, except insurance and pension funding services (65)
Updated about 8 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers