Alinma Bank

Alinma Bank, headquartered in Saudi Arabia (SA), operates in the financial intermediation services sector. In 2024, the bank reported total carbon emissions of approximately 416,504,580 kg CO2e. This figure comprises Scope 1 emissions of about 1,201,490 kg CO2e, Scope 2 emissions of approximately 22,945,610 kg CO2e, and Scope 3 emissions totalling around 392,357,480 kg CO2e.

In the preceding year, 2023, Alinma Bank's total emissions were approximately 559,261,420 kg CO2e, with Scope 1 emissions around 1,821,310 kg CO2e, Scope 2 emissions at approximately 24,267,240 kg CO2e, and Scope 3 emissions of about 533,172,870 kg CO2e. For 2022, the bank's total emissions were reported as approximately 399,896,080 kg CO2e, including Scope 1 emissions of about 2,555,650 kg CO2e, Scope 2 emissions of approximately 31,080,360 kg CO2e, and Scope 3 emissions of around 366,260,070 kg CO2e.

Alinma Bank has set near-term reduction targets, aiming to reduce its total Scope 1 and 2 greenhouse gas (GHG) emissions by 20% from a baseline year of 2022 to 2024. The bank reported achieving a 20% reduction, moving from approximately 33,636,010 kg CO2e in Scope 1 and 2 emissions in 2022 to about 24,147,100 kg CO2e in 2024. The bank also reports GHG intensity metrics, including approximately 143,330 kg CO2e per Full-Time Employee (FTE) and an intensity of about 3.807 x 10^-5 kg CO2e per million USD in revenue for 2024. For 2023, the intensity was approximately 191,720 kg CO2e per FTE and 5.746 x 10^-5 kg CO2e per million USD in revenue. In 2022, intensity figures were approximately 139,730 kg CO2e per FTE and 5.02 x 10^-5 kg CO2e per million USD in revenue.