Bahrain Islamic Bank Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Services Auxiliary to 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
Bahrain Islamic Bank's score of 19 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bahrain Islamic Bank's reported carbon emissions
In 2024, Bahrain Islamic Bank (BisB) reported total carbon emissions of approximately 2,638,310,000 kg CO2e. This figure includes Scope 1 emissions of about 13,390,000 kg CO2e, primarily from mobile and stationary combustion, and Scope 2 emissions of approximately 2,617,590,000 kg CO2e. Additionally, the bank's Scope 3 emissions were recorded at about 7,330,000 kg CO2e, with investments contributing 500,000 kg CO2e. Comparatively, in 2023, BisB's total emissions were approximately 1,914,970,000 kg CO2e, with Scope 1 emissions at about 6,060,000 kg CO2e and Scope 2 emissions at approximately 1,908,910,000 kg CO2e. The bank's emissions in 2022 were around 1,741,370,000 kg CO2e, with Scope 1 emissions of about 9,640,000 kg CO2e and Scope 2 emissions of approximately 1,731,730,000 kg CO2e. BisB has set ambitious reduction targets, aiming for a 5% annual decrease in operational emissions for both Scope 1 and Scope 2 from 2024 to 2025. This initiative is part of their broader energy management strategy, which includes exploring increased use of renewable energy sources. The emissions data is cascaded from the parent organization, Bahrain Islamic Bank B.S.C., and reflects the bank's commitment to addressing climate change through measurable targets and initiatives.
How Carbon Intensive is Bahrain Islamic Bank's Industry?
How Carbon Intensive is Bahrain Islamic Bank's Location?
Bahrain Islamic Bank'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.
Bahrain Islamic Bank 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.
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