Arab Bank
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.
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
Arab Bank's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arab Bank's reported carbon emissions
In 2023, Arab Bank reported total carbon emissions of approximately 44,576,800 kg CO2e, with Scope 1 emissions at about 1,081,500 kg CO2e, Scope 2 emissions at approximately 9,929,300 kg CO2e, and Scope 3 emissions at around 120,300 kg CO2e. This marked a significant increase from 2022, where total emissions were about 45,427,400 kg CO2e. In 2022, the bank's emissions included approximately 10,061,100 kg CO2e from Scope 2 and 196,000 kg CO2e from Scope 3, indicating a focus on reducing indirect emissions associated with energy consumption and business travel. The bank has disclosed emissions data across all three scopes (1, 2, and 3) for the years 2020 to 2023, demonstrating a commitment to transparency in its climate impact. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives outlined in their climate commitments. Arab Bank's emissions data reflects the challenges faced by financial institutions in managing their carbon footprint, particularly in a global context where climate action is increasingly critical. The bank's headquarters in Jordan (JO) positions it within a region that is also grappling with climate-related challenges, further emphasising the importance of sustainable practices in its operations.
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Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 722,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,845,000 | 0,000,000 | 000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 00,000 | 00,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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 committed to any reduction initiatives 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.
