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Alinma Bank, officially known as Alinma Bank (Saudi Arabia), is a prominent financial institution headquartered in Riyadh, Saudi Arabia. Established in 2006, the bank has rapidly positioned itself within the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding.
With a commitment to innovation, Alinma Bank offers a diverse range of products, including personal and corporate banking, investment services, and Islamic finance solutions. Its unique approach to Sharia-compliant banking sets it apart in the competitive landscape.
Recognised for its customer-centric services and technological advancements, Alinma Bank has achieved significant milestones, including a robust market presence across major regions in Saudi Arabia. The bank continues to enhance its reputation as a leading player in the financial services industry, dedicated to meeting the evolving needs of its clients.
43
DitchCarbon score
+6 vs industry average
Alinma Bank’s score of 43 is higher than 59% 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
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.
Alinma Bank's reported carbon emissions
Alinma Bank, a Saudi Arabian financial intermediation services provider, reported total carbon emissions of approximately 416,504,580 kg CO2e in 2024. This figure comprises 1,201,490 kg CO2e from Scope 1 emissions, 22,945,610 kg CO2e from Scope 2 emissions, and 392,357,480 kg CO2e from Scope 3 emissions.
The bank has set a near-term target to reduce its combined Scope 1 and 2 greenhouse gas emissions by 20% from a 2022 baseline to 2024. This target has been achieved. In 2022, their Scope 1 and 2 emissions were approximately 33,636,010 kg CO2e, which reduced to approximately 24,147,100 kg CO2e by 2024.
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Alinma Bank’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
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Alinma Bank3 months ago
43
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