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.
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.
Industry Benchmark
Adb's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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. The emissions data for 2022 showed a total of about 6,066,050 kg CO2e, with Scope 1 at approximately 1,798,770 kg CO2e, Scope 2 at about 353,340 kg CO2e, and Scope 3 from business travel at around 3,913,940 kg CO2e. In 2021, ADB's total emissions were approximately 2,313,060 kg CO2e, with Scope 1 emissions of about 1,621,000 kg CO2e, Scope 2 at approximately 506,260 kg CO2e, and Scope 3 emissions from business travel at around 185,800 kg CO2e. Despite the detailed emissions reporting, ADB has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from a parent organisation. The bank's commitment to sustainability is evident through its emissions tracking, but further initiatives or targets are not currently disclosed. Overall, ADB's emissions data reflects its operational impact, with a focus on transparency in reporting, although it lacks defined reduction strategies at this time.
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| 2013 | 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 |
| 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
Location emissions intensity
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.
