Bahrain Islamic Bank (BISB), headquartered in the Kingdom of Bahrain (BH), is a prominent player in the Islamic banking sector. Established in 1979, BISB has consistently evolved, marking significant milestones in providing Sharia-compliant financial solutions. The bank primarily operates in Bahrain and the wider Gulf Cooperation Council (GCC) region, focusing on retail banking, corporate finance, and investment services. BISB offers a range of unique products, including personal finance, home financing, and investment accounts, all designed to meet the diverse needs of its clientele while adhering to Islamic principles. With a strong market position, BISB is recognised for its commitment to innovation and customer service, making it a trusted choice for individuals and businesses seeking ethical banking solutions.
How does Bahrain Islamic 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.
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.
Bahrain Islamic Bank's score of 14 is lower than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bahrain Islamic Bank, headquartered in Bahrain (BH), has reported its carbon emissions data for the years 2020 to 2022. In 2022, the bank's total energy intensity for direct and indirect emissions (Scopes 1 and 2) was approximately 0.0438 kg CO2e per unit of energy consumed. For the previous years, specific emissions data was not disclosed, but the bank has been tracking its electricity indirect emissions under Scope 2, with an emission factor of about 0.0106 kg CO2e in 2020 and approximately 0.0110 kg CO2e in 2021. Currently, Bahrain Islamic Bank has not set any specific reduction targets or climate pledges, indicating a potential area for future commitment. The bank's focus on monitoring its emissions reflects an awareness of the importance of sustainability in the financial sector, although further initiatives and targets would enhance its climate strategy.
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.
Bahrain Islamic 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.