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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 39% 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 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. For the same year, the company disclosed GHG intensity per capita as 12,130 kg CO2e and GHG intensity per square meter as 230 kg CO2e, as detailed in their 2024 sustainability report.
In 2022, Adb's total emissions were approximately 6,066,050 kg CO2e, comprising Scope 1 emissions of about 1,798,770 kg CO2e, Scope 2 emissions of approximately 353,340 kg CO2e, and Scope 3 business travel emissions of around 3,913,940 kg CO2e. The GHG intensity per capita was 3,940 kg CO2e and per square meter was 40 kg CO2e.
Looking back to 2019, Adb's total emissions stood at approximately 12,586,200 kg CO2e. This figure included Scope 1 emissions of about 1,625,070 kg CO2e (with mobile combustion at 145,720 kg CO2e, fugitive emissions at 10,120 kg CO2e, and stationary combustion at 84,670 kg CO2e), Scope 2 emissions of approximately 745,060 kg CO2e, and Scope 3 emissions of around 10,216,070 kg CO2e, primarily from business travel.
While Adb provides detailed emissions data across Scope 1, 2, and 3, specific details regarding reduction targets were not disclosed in the provided information.
No climate goals have been disclosed for Adb yet.
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