Ai Bank
Ai Bank, officially known as AI Bank, is a pioneering financial institution headquartered in Egypt (EG). Established in 2020, the bank has rapidly positioned itself at the forefront of the fintech industry, focusing on innovative banking solutions that leverage artificial intelligence. With a strong operational presence across the Middle East and North Africa, Ai Bank offers a range of services, including digital banking, automated financial advisory, and personalised investment solutions. What sets Ai Bank apart is its commitment to harnessing cutting-edge technology to enhance customer experience and streamline financial processes. The bank has achieved significant milestones, including the launch of its AI-driven mobile app, which has garnered widespread acclaim for its user-friendly interface and advanced features. As a leader in the digital banking sector, Ai Bank continues to redefine the landscape of modern finance, making it a notable player in the industry.
DitchCarbon Score
How does Ai Bank'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
Ai Bank's score of 27 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ai Bank's reported carbon emissions
In 2022, Ai Bank reported total carbon emissions of approximately 2,482,000 kg CO2e, a slight decrease from about 2,508,000 kg CO2e in 2021. The emissions breakdown for 2022 includes Scope 1 emissions at about 450,000 kg CO2e, Scope 2 emissions at approximately 963,000 kg CO2e, and Scope 3 emissions totalling around 1,069,000 kg CO2e. Within Scope 3, significant contributors were employee commuting at about 835,000 kg CO2e and purchased goods and services at approximately 120,000 kg CO2e. Despite these figures, Ai Bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of defined reduction strategies highlights a potential area for improvement in their climate commitments. As a financial institution headquartered in Egypt (EG), Ai Bank's emissions profile reflects the broader industry context, where many banks are increasingly focusing on sustainability and carbon reduction efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 564,000 | 000,000 |
| Scope 2 | 1,057,000 | 000,000 |
| Scope 3 | 887,000 | 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.
Ai Bank 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.
