Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
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.
Part of the Sustainability team at Alinma Bank?
- 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 – 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 financial intermediation services provider headquartered in Saudi Arabia, reported total Scope 1, 2, and 3 emissions of approximately 416.5 million kg CO2e in 2024. This includes around 1.2 million kg CO2e from Scope 1 (direct emissions), approximately 22.9 million kg CO2e from Scope 2 (indirect emissions from purchased electricity), and about 392.4 million kg CO2e from Scope 3 (value chain emissions).
In 2023, the bank's total emissions were approximately 559.3 million kg CO2e, comprising around 1.8 million kg CO2e from Scope 1, 24.3 million kg CO2e from Scope 2, and 533.2 million kg CO2e from Scope 3. In 2022, total emissions stood at approximately 399.9 million kg CO2e, with about 2.6 million kg CO2e from Scope 1, 31.1 million kg CO2e from Scope 2, and 366.3 million kg CO2e from Scope 3.
Alinma Bank has set a near-term absolute reduction target to decrease its combined Scope 1 and 2 greenhouse gas (GHG) emissions. Between 2022 and 2024, the bank achieved a 20% reduction in Scope 1 and 2 emissions, moving from 33,636,010 kg CO2e in 2022 to 24,147,100 kg CO2e in 2024.
Assessing Alinma Bank as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Alinma Bank and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
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
See details
Not active
Carbon Disclosure Project
Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
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
Alinma Bank2 months ago
43
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