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Public Profile
Financial Intermediation
PK
updated 2 months ago

Allied Bank Limited Sustainability Profile

Company website

Allied Bank Limited, often referred to simply as Allied Bank, is a prominent financial institution headquartered in Pakistan (PK). Established in 1978, the bank has grown to become a key player in the banking sector, with a strong presence across major operational regions in the country. Specialising in retail banking, corporate banking, and Islamic banking, Allied Bank offers a diverse range of core products and services, including personal loans, business financing, and investment solutions. What sets Allied Bank apart is its commitment to customer service and innovative banking solutions tailored to meet the needs of its clients. With a robust market position, Allied Bank has achieved significant milestones, including a vast network of branches and ATMs, making it one of the leading banks in Pakistan. Its dedication to financial inclusion and technological advancement continues to enhance its reputation in the industry.

DitchCarbon Score

How does Allied Bank Limited'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.

26

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.

29

Industry Benchmark

Allied Bank Limited's score of 26 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Allied Bank Limited's reported carbon emissions

In 2022, Allied Bank Limited reported total carbon emissions of approximately 2,490,000 kg CO2e, comprising 495,000 kg CO2e from Scope 1, 1,000,000 kg CO2e from Scope 2, and 1,000,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in their environmental impact, although no specific reduction targets or initiatives have been documented. Comparatively, in 2019, the bank's total emissions were about 2,955,000 kg CO2e, with Scope 1 emissions at 495,000 kg CO2e, Scope 2 at 1,000,000 kg CO2e, and Scope 3 at 1,230,000 kg CO2e. This indicates a potential reduction in total emissions over the years, although specific strategies or targets for further reductions have not been outlined. Allied Bank Limited has not reported any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, suggesting an area for future development in their climate strategy. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Allied Bank Limited.

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2022
Scope 1
495,000
Scope 2
1,000,000
Scope 3
1,000,000

How Carbon Intensive is Allied Bank Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Allied Bank Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Allied Bank Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Allied Bank Limited is in PK, which has a medium grid carbon intensity relative to other regions.

Allied Bank Limited'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.

Allied Bank Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Allied Bank Limited's Emissions with Industry Peers

United Bank Limited

PK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Standard Chartered Bank

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Habib Bank Limited

PK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 21 days ago

Bank Alfalah Limited

PK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

National Bank Limited

BD
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Deutsche Bank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated less than a minute ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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