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Financial Intermediation
JO
updated 2 months ago

Arab Bank

Company website

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.

DitchCarbon Score

How does Arab 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.

30

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.

30

Industry Benchmark

Arab Bank's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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Arab Bank's reported carbon emissions

In 2024, Arab Bank reported total carbon emissions of approximately 37,475,300 kg CO2e, with emissions distributed across all three scopes: 3,756,400 kg CO2e (Scope 1), 15,313,700 kg CO2e (Scope 2), and 18,405,300 kg CO2e (Scope 3). This data reflects a comprehensive approach to emissions reporting, inherited from its parent company, Arab Bank plc. For the year 2023, the bank's emissions were reported as approximately 21,278,900 kg CO2e in Egypt, with Scope 1 emissions at 98,200 kg CO2e. In the United States, emissions totalled about 21,472,600 kg CO2e, comprising 151,900 kg CO2e (Scope 1), 2,158,900 kg CO2e (Scope 2), and 120,300 kg CO2e (Scope 3). In the Philippines, emissions were approximately 1,825,300 kg CO2e, with Scope 1 at 887,700 kg CO2e and Scope 2 at 817,300 kg CO2e. Arab Bank has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action. The emissions data is cascaded from Arab Bank Group, indicating a structured approach to sustainability reporting within its corporate family. Overall, Arab Bank's emissions data highlights the importance of transparency in corporate sustainability efforts, while the lack of defined reduction targets points to potential areas for improvement in their climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
722,000
000,000
000,000
0,000,000
0,000,000
0,000,000
Scope 2
8,845,000
0,000,000
000,000
00,000,000
0,000,000
00,000,000
Scope 3
-
-
00,000
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Arab Bank'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.

Location emissions intensity

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 Arab Bank is in JO, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Arab Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

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

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