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.
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 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Asian Development Bank (ADB) reported total carbon emissions of approximately 45,867,410 kg CO2e. This figure includes 3,493,000 kg CO2e from Scope 1 emissions, 2,927,310 kg CO2e from Scope 2 emissions, and 8,202,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. Over the years, ADB's emissions have fluctuated significantly. In 2022, total emissions were about 6,066,050 kg CO2e, with Scope 1 at 1,798,770 kg CO2e, Scope 2 at 353,340 kg CO2e, and Scope 3 at 3,913,940 kg CO2e. The emissions peaked in 2013 at approximately 20,527,680 kg CO2e, indicating a substantial reduction in subsequent years. 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 trends where organisations are increasingly pressured to establish clear climate action plans. Overall, ADB's emissions data highlights the need for ongoing monitoring and potential strategic initiatives to address their carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 527,250 | 0,000,000 | 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 | 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.