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OrganisationsAl Rajhi Bank
Al Rajhi Bank logo

Al Rajhi Bank

Financial IntermediationSaudi ArabiaSAU: 1120.SR
Last verified 7 days agoalrajhibank.com.sa

Al Rajhi Bank, officially known as Al Rajhi Banking and Investment Corporation, is a leading financial institution headquartered in Riyadh, Saudi Arabia. Established in 1957, the bank has grown to become a prominent player in the financial intermediation services sector, excluding insurance and pension funding. With a strong presence across the Kingdom and significant operations in the Gulf Cooperation Council (GCC) region, Al Rajhi Bank offers a diverse range of products and services, including personal banking, corporate finance, and investment solutions.

Renowned for its commitment to Sharia-compliant banking, Al Rajhi Bank distinguishes itself through innovative financial products tailored to meet the needs of its customers. The bank has achieved notable milestones, including being one of the largest Islamic banks globally, reflecting its robust market position and dedication to excellence in service delivery.

22
DitchCarbon score

-15 vs industry average

Al Rajhi Bank’s score of 22 is lower than 15% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2027

00.0M00.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Al Rajhi Bank's reported carbon emissions

Al Rajhi Bank, a financial intermediation services provider headquartered in SA, reported total emissions of approximately 50.2 billion kg CO2e for the year 2024. This figure comprises Scope 1 emissions totalling around 1.5 million kg CO2e, primarily from fugitive emissions and mobile combustion, and Scope 2 emissions of approximately 48.7 million kg CO2e, solely attributed to purchased electricity.

Currently, Al Rajhi Bank's disclosed emissions data covers Scope 1 and Scope 2. There is no reported data for Scope 3 emissions. The bank has not publicly announced any specific reduction targets or joined initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge.

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Al Rajhi Bank’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Al Rajhi Bank yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
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Al Rajhi Bank logoAl Rajhi Bank
SAFinancial Intermediation
7 days ago
22
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17 hours ago
55
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Emirates Nbd logoEmirates Nbd
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29 minutes ago
53
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National Bank of Kuwait logoNational Bank of Kuwait
KWFinancial Intermediation
7 days ago
49
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Masreq Bank logoMasreq Bank
AEFinancial Intermediation
24 minutes ago
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Bank ABC logoBank ABC
BHFinancial Intermediation
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Alinma Bank logoAlinma Bank
SAFinancial Intermediation
4 days ago
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