Arab Bank
Arab Bank, officially known as Arab Bank Plc, is a leading financial institution headquartered in Amman, Jordan. Established in 1930, it has grown to become one of the largest banks in the Arab world, with a significant presence across the Middle East, Europe, Asia, and North America. Operating within the banking and financial services industry, Arab Bank offers a diverse range of products, including retail banking, corporate banking, investment services, and treasury operations. Its unique approach combines local expertise with international standards, catering to both individual and corporate clients. With a strong market position, Arab Bank has received numerous accolades for its financial stability and innovative services, solidifying its reputation as a trusted partner in the region. The bank continues to play a pivotal role in supporting economic development and fostering financial inclusion across its operational territories.
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 82% 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 44.6 million tonnes CO2e, with Scope 1 emissions at about 1.1 million tonnes and Scope 2 emissions around 9.9 million tonnes. The bank's Scope 3 emissions were approximately 120,300 tonnes CO2e. In 2022, the total emissions were about 45.4 million tonnes CO2e, showing a slight decrease from the previous year. The breakdown included around 1.1 million tonnes for Scope 1 and about 10.1 million tonnes for Scope 2, with Scope 3 emissions at 196,000 tonnes CO2e. Arab Bank has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. The bank's emissions have fluctuated over the years, with a notable reduction from 9.6 million tonnes in 2019 to 4.5 million tonnes in 2021, indicating a significant effort to lower its environmental impact. Overall, Arab Bank's emissions data reflects its ongoing engagement with climate commitments, although further information on specific reduction strategies would provide a clearer picture of its sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 | 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.
