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 90% 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 Scope 1 emissions of about 3,493,000 kg CO2e, Scope 2 emissions of approximately 2,927,310 kg CO2e, and Scope 3 emissions related to business travel amounting to about 8,202,000 kg CO2e. Over the years, ADB has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were about 6,066,050 kg CO2e, indicating a significant increase in 2023. However, specific reduction targets or initiatives have not been disclosed, and there are no documented climate pledges or SBTi (Science Based Targets initiative) reduction targets available. The emissions data reflects ADB's ongoing efforts to monitor and manage its environmental impact, although further details on specific reduction strategies or commitments are currently lacking.
Access structured emissions data, company-specific emission factors, and source documents
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 | 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.