ADB, officially known as the Asian Development Bank, is a prominent financial intermediation institution headquartered in Manila, Philippines. Established in 1966, it has grown to become a key player in providing financial and technical assistance across Asia and the Pacific region. Specialising in financial intermediation services, excluding insurance and pension funding, ADB supports sustainable economic growth and development.
The bank’s core offerings include project financing, policy advice, and capacity building tailored to the needs of its member countries. Its strategic focus on infrastructure, social development, and regional integration distinguishes ADB within the industry. Recognised for its significant contributions to regional development, ADB maintains a strong market position as a leading multilateral financial institution committed to fostering inclusive growth across Asia.
-9 vs industry average
Adb’s score of 28 is lower than 42% 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 reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Adb's reported carbon emissions
ADB, headquartered in the Philippines and operating in financial intermediation services, reported total carbon emissions of approximately 45.87 million kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions stood at around 3.49 million kg CO2e, Scope 2 at approximately 2.93 million kg CO2e, and Scope 3 emissions, primarily from business travel, amounted to about 8.20 million kg CO2e.
In 2022, ADB's total emissions were approximately 6.07 million kg CO2e, with Scope 1 at about 1.80 million kg CO2e, Scope 2 at around 353,340 kg CO2e, and Scope 3 business travel at approximately 3.91 million kg CO2e.
The previous year, 2021, saw total emissions of approximately 2.31 million kg CO2e, comprising about 1.62 million kg CO2e for Scope 1, 506,260 kg CO2e for Scope 2, and 185,800 kg CO2e for Scope 3 business travel.
ADB's emissions data for 2020 shows total emissions of approximately 3.36 million kg CO2e, with Scope 2 emissions around 547,500 kg CO2e. Notably, for 2020, Scope 1 and Scope 3 data were not provided.
In 2019, total emissions were approximately 12.59 million kg CO2e, with Scope 1 at about 1.63 million kg CO2e, Scope 2 at approximately 745,060 kg CO2e, and Scope 3 at around 10.22 million kg CO2e, all attributed to business travel.
ADB's climate commitments include disclosing GHG intensity per capita and per square meter. For instance, in 2023, GHG intensity per capita was 12,130 kg CO2e per person, and per square meter it was 230 kg CO2e/m2. In 2022, these figures were 3,940 kg CO2e per capita and 40 kg CO2e/m2.
ADB has not publicly disclosed specific reduction targets for its emissions.
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Adb’s Climate Goals (2030 & 2050)
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Scope 3 top emissions categories
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Emissions comparison with industry peers
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