Al Rajhi Bank
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 one of the largest Islamic banks in the world, with a strong presence across the Middle East and beyond.
Specialising in Sharia-compliant banking services, Al Rajhi Bank offers a diverse range of products, including personal and corporate banking, investment services, and treasury solutions. Its commitment to innovation and customer service has positioned it as a market leader, consistently achieving notable milestones in the Islamic finance sector. With a robust network of branches and ATMs, Al Rajhi Bank continues to set benchmarks in the industry, catering to the evolving needs of its clientele.
-15 vs industry average
Al Rajhi Bank’s score of 20 is lower than 13% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Al Rajhi Bank's reported carbon emissions
**Al Rajhi Bank's Climate Commitments and Emissions Data (2024)** In 2024, Al Rajhi Bank, headquartered in SA, reported total Scope 1 and Scope 2 emissions amounting to approximately 50,231,260 kg CO2e. Scope 1 emissions, which include direct emissions from stationary and mobile combustion, as well as fugitive emissions, totalled approximately 1,486,090 kg CO2e. Scope 2 emissions, primarily from purchased electricity, accounted for about 48,745,180 kg CO2e. The bank's disclosed emissions data for 2024 focuses on Scope 1 and Scope 2. There is no reported data for Scope 3 emissions, with a specific mention of missing data for "purchased goods and services." Al Rajhi Bank has not publicly announced any specific greenhouse gas reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi) or the Climate Pledge. Furthermore, the organisation's data is not cascaded from a parent or related organisation; Al Rajhi Bank is the source organisation for its disclosed emissions and initiative data.
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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
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Al Rajhi Bank
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