Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Alexbank, officially known as the Arab African International Bank, is a prominent player in the financial intermediation services sector, headquartered in Egypt (EG). Established in 2005, the bank has made significant strides in providing a diverse range of financial solutions, including retail banking, corporate banking, and treasury services.
With a strong presence across major operational regions in Egypt, Alexbank is recognised for its commitment to innovation and customer-centric services. The bank's unique offerings, such as tailored financial products and digital banking solutions, set it apart in a competitive market.
Notably, Alexbank has achieved a solid market position, reflecting its dedication to excellence and growth within the financial services industry. As it continues to evolve, Alexbank remains focused on delivering value to its clients and contributing to the economic development of the region.
54
DitchCarbon score
+17 vs industry average
Alexbank’s score of 54 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Alexbank?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
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 – 2026
2020202120222023202420252026
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.
Alexbank's reported carbon emissions
ALEXBANK, a financial intermediation services provider (NAICS 65) headquartered in EG, reported approximately 16.6 million kg CO2e in total carbon emissions for 2023. This total comprises Scope 1 emissions of around 3.1 million kg CO2e, Scope 2 emissions of approximately 7.7 million kg CO2e, and Scope 3 emissions of about 5.8 million kg CO2e. These emissions figures are reported by Bank of Alexandria (S.A.E.).
For 2022, ALEXBANK's total emissions were approximately 19.99 million kg CO2e. This included Scope 1 emissions of about 8.5 million kg CO2e, Scope 2 emissions of approximately 6.2 million kg CO2e, and Scope 3 emissions of around 5.3 million kg CO2e. In 2021, the company's total emissions were about 9.2 million kg CO2e, with Scope 1 emissions of approximately 144,000 kg CO2e, Scope 2 emissions of around 8.1 million kg CO2e, and Scope 3 emissions of about 1.05 million kg CO2e.
ALEXBANK is committed to reducing its Scope 1 emissions by 30% by 2030 from a 2021 baseline. Additionally, the bank aims to reduce its Scope 2 emissions by 30% by 2030 from a 2021 baseline.
Assessing Alexbank as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Alexbank and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Alexbank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Inherited from Intesa Sanpaolo S.p.A.See details
Active
Carbon Disclosure Project
Inherited from Intesa Sanpaolo S.p.A.Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
Inherited from Intesa Sanpaolo S.p.A.See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Alexbank1 month ago
54
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more