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.
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.
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.
Arab Bank PLC (Qatar)'s score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arab Bank PLC (Qatar) currently does not have available carbon emissions data for recent years, as no specific figures have been provided. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3. Additionally, the bank has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. Arab Bank PLC (Qatar) may be engaging in broader industry efforts to address climate change, but specific initiatives or commitments have not been disclosed. As the global focus on reducing carbon footprints intensifies, it is anticipated that the bank will align with emerging standards and practices in the financial sector regarding climate commitments.
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 PLC (Qatar) 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.