Arab Bank, officially known as Arab Bank Plc, is a leading financial institution headquartered in Amman, Jordan (JO). Established in 1930, it has grown to become one of the largest banks in the Middle East, with a significant presence across various regions, including the Gulf Cooperation Council (GCC) and North Africa.
Specialising in retail, corporate, and investment banking, Arab Bank offers a diverse range of services, including personal loans, credit cards, and treasury solutions. Its commitment to innovation and customer service sets it apart in the competitive banking landscape.
With a strong market position, Arab Bank has received numerous accolades for its financial stability and customer satisfaction, solidifying its reputation as a trusted banking partner in the Arab world and beyond.
-7 vs industry average
Arab Bank’s score of 28 is lower than 42% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Arab Bank's reported carbon emissions
In 2024, Arab Bank, headquartered in Jordan (JO), reported total carbon emissions of approximately 37.5 million kg CO2e. This figure includes Scope 1 emissions of about 3.8 million kg CO2e, Scope 2 emissions of approximately 15.3 million kg CO2e, and Scope 3 emissions of around 18.4 million kg CO2e. The bank's emissions data is cascaded from its parent company, Arab Bank plc, reflecting a commitment to transparency in environmental reporting. Comparatively, in 2023, Arab Bank's total emissions were about 11.0 million kg CO2e, with Scope 1 at approximately 1.1 million kg CO2e and Scope 2 at about 10.0 million kg CO2e. The 2024 figures indicate a significant increase in emissions, which may warrant further investigation into the factors contributing to this rise. Despite the increase in total emissions, there are currently no publicly stated reduction targets or climate pledges from Arab Bank. The absence of specific reduction initiatives suggests a need for the bank to enhance its climate strategy and align with industry standards for sustainability. Overall, Arab Bank's emissions data highlights the importance of ongoing monitoring and commitment to climate action, particularly as it navigates the challenges of increasing emissions in a rapidly changing global environment.
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Arab Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Arab Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Arab Bank
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