Arab Bank PLC (Qatar) Sustainability Profile
Arab Bank PLC, commonly referred to as Arab Bank, is a leading financial institution headquartered in Qatar (QA). Established in 1991, the bank has made significant strides in the banking sector, focusing on retail, corporate, and investment banking services across the Middle East and North Africa (MENA) region. With a commitment to innovation, Arab Bank offers a diverse range of products, including personal loans, credit cards, and wealth management services, tailored to meet the unique needs of its clients. The bank's strong market position is underscored by its robust financial performance and a reputation for exceptional customer service. Recognised for its contributions to the banking industry, Arab Bank continues to expand its footprint, solidifying its status as a trusted partner in the financial landscape of Qatar and beyond.
DitchCarbon Score
How does Arab Bank PLC (Qatar)'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 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 PLC (Qatar)'s score of 5 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arab Bank PLC (Qatar)'s reported carbon emissions
Arab Bank PLC (Qatar) currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The organisation is a current subsidiary of Arab Bank Group, which may influence its climate-related initiatives and commitments. As of now, there are no documented reduction targets or climate pledges from Arab Bank PLC (Qatar). The lack of specific emissions data and reduction initiatives suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Given the context of the banking industry, it is essential for institutions like Arab Bank PLC (Qatar) to establish clear climate commitments and reduction targets to align with global sustainability goals. The absence of data may reflect a broader trend within the sector, where many organisations are still working to enhance their transparency and accountability regarding carbon emissions. In summary, while Arab Bank PLC (Qatar) does not currently report emissions or specific climate commitments, its affiliation with Arab Bank Group may provide a framework for future initiatives in carbon management and sustainability.
How Carbon Intensive is Arab Bank PLC (Qatar)'s Industry?
How Carbon Intensive is Arab Bank PLC (Qatar)'s Location?
Arab Bank PLC (Qatar)'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.
Arab Bank PLC (Qatar) 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.
