Alinma Bank Sustainability Profile
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 evolved within the Islamic banking sector, offering a range of Sharia-compliant financial products and services. With a strong presence across the Kingdom, Alinma Bank focuses on retail banking, corporate banking, and investment services, catering to both individual and business clients. Its unique offerings include innovative digital banking solutions and competitive financing options, setting it apart in a dynamic market. Recognised for its commitment to customer service and technological advancement, Alinma Bank has achieved significant milestones, positioning itself as a key player in the Saudi financial landscape.
DitchCarbon Score
How does Alinma Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Alinma Bank's score of 58 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Alinma Bank's reported carbon emissions
In 2024, Alinma Bank reported total carbon emissions of approximately 416,504,580 kg CO2e, a decrease from about 559,261,420 kg CO2e in 2023. The emissions breakdown for 2024 includes 1,201,490 kg CO2e from Scope 1, 22,945,610 kg CO2e from Scope 2, and a significant 392,357,480 kg CO2e from Scope 3. This indicates a notable shift in their emissions profile, particularly in Scope 3, which constitutes the majority of their carbon footprint. Alinma Bank has set a target to reduce total Scope 1 and 2 greenhouse gas emissions by 33,636.01 kg CO2e, achieving a 20% reduction from their baseline by 2024. This commitment reflects their proactive approach to climate action and aligns with industry standards for emissions reduction. The bank's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Alinma Bank's sustainability initiatives demonstrate a commitment to addressing climate change and reducing their environmental impact in Saudi Arabia and globally.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,555,650 | 0,000,000 | 0,000,000 |
| Scope 2 | 31,080,360 | 00,000,000 | 00,000,000 |
| Scope 3 | 366,260,070 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Alinma Bank's Industry?
How Carbon Intensive is Alinma Bank's Location?
Alinma Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Alinma Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
