Bank ABC
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 36 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank ABC's reported carbon emissions
In 2023, Bank ABC reported total carbon emissions of approximately 6,782,000 kg CO2e, with emissions distributed across various scopes: 1,270 kg CO2e from Scope 1, 225,860 kg CO2e from Scope 2, and 5,430 kg CO2e from Scope 3. This represents a significant increase from 2022, where total emissions were about 2,372,300 kg CO2e, primarily driven by Scope 2 emissions of 266,300 kg CO2e and Scope 3 emissions of 20,100 kg CO2e. In 2021, the bank's emissions were approximately 5,970,270 kg CO2e, all from Scope 2, while in 2020, emissions were about 6,479,180 kg CO2e, again solely from Scope 2. The data indicates a fluctuating trend in emissions over the years, with a notable increase in 2023. Despite these figures, Bank ABC has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. The bank's emissions intensity per employee was reported at 8,740 kg CO2e in 2020, increasing to 9,900 kg CO2e in 2021, before a significant drop to 4,600 kg CO2e per million GBP in 2022. Overall, while Bank ABC has made strides in tracking its emissions, the lack of clear reduction targets highlights an opportunity for the bank to strengthen its climate commitments and align with global sustainability goals.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 0,000 |
| Scope 2 | 6,479,180 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 00,000 | 0,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Bank ABC 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.
