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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.
-11 vs industry average
Adb’s score of 26 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Adb, a financial intermediation services company headquartered in the Philippines, reported total carbon emissions of approximately 45,867,410 kg CO2e in 2023. This included Scope 1 emissions of approximately 3,493,000 kg CO2e, Scope 2 emissions of approximately 2,927,310 kg CO2e, and Scope 3 business travel emissions of approximately 8,202,000 kg CO2e. The company's emissions data is disclosed in its sustainability reports. While Adb provides details on its carbon footprint, specific reduction targets from initiatives such as SBTi or Climate Pledge are not available.
No climate goals have been disclosed for Adb yet.
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