Bank ABC Sustainability Profile
Bank ABC, officially known as Arab Banking Corporation, is a prominent financial institution headquartered in Bahrain (BH). Established in 1980, the bank has made significant strides in the banking sector, particularly in the Middle East and North Africa (MENA) regions. Specialising in corporate banking, investment banking, and treasury services, Bank ABC distinguishes itself through innovative financial solutions tailored to meet the diverse needs of its clients. The bank's commitment to excellence has earned it a strong market position, recognised for its robust risk management practices and customer-centric approach. With a focus on digital transformation, Bank ABC continues to enhance its core offerings, ensuring it remains at the forefront of the banking industry. Its notable achievements include various awards for service quality and financial performance, solidifying its reputation as a trusted banking partner in the region.
DitchCarbon Score
How does Bank ABC'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
Bank ABC's score of 44 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank ABC's reported carbon emissions
In 2024, Bank ABC reported total carbon emissions of approximately 41,727,000 kg CO2e globally. This includes 1,297,000 kg CO2e from Scope 1 emissions, 8,541,000 kg CO2e from Scope 2 (market-based), and a significant 31,889,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. The bank's emissions for Jordan in the same year totalled about 4,075,000 kg CO2e, with Scope 1 at 129,000 kg CO2e, Scope 2 at 1,643,000 kg CO2e, and Scope 3 at 2,303,000 kg CO2e. In 2023, the global emissions were slightly lower at approximately 41,673,000 kg CO2e, with Scope 1 emissions at 1,340,000 kg CO2e, Scope 2 (market-based) at 8,768,000 kg CO2e, and Scope 3 at 31,565,000 kg CO2e. The emissions for Jordan in 2023 mirrored this trend, totalling around 6,782,000 kg CO2e. Despite these figures, Bank ABC has not set specific reduction targets or initiatives as part of its climate commitments. The emissions data is sourced directly from the Arab Banking Corporation (B.S.C.), reflecting the bank's commitment to transparency in its environmental impact reporting.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,340,000 | 0,000,000 |
| Scope 2 | 8,768,000 | 0,000,000 |
| Scope 3 | 31,565,000 | 00,000,000 |
How Carbon Intensive is Bank ABC's Industry?
How Carbon Intensive is Bank ABC's Location?
Bank ABC's Scope 3 Categories Breakdown
Bank ABC's Scope 3 emissions, which increased by 1% last year and increased by approximately 1% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 59% of Scope 3 emissions.
Top Scope 3 Categories
Bank ABC'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.
Bank ABC 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.
