Bank Albilad, officially known as Bank Albilad Saudi Arabia, is a prominent financial institution headquartered in Riyadh, Saudi Arabia. Established in 2004, the bank has rapidly evolved within the Islamic banking sector, offering a comprehensive range of Sharia-compliant financial products and services. With a strong presence across major operational regions in the Kingdom, Bank Albilad focuses on retail banking, corporate banking, and investment services. Its unique offerings include personal finance solutions, business financing, and innovative digital banking services, all designed to meet the diverse needs of its clientele. Recognised for its commitment to customer service and technological advancement, Bank Albilad has achieved significant milestones, positioning itself as a key player in the Saudi banking landscape. The bank continues to enhance its market position through strategic initiatives and a customer-centric approach.
How does Bank Albilad'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 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.
Bank Albilad's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank Albilad, headquartered in Saudi Arabia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges available at this time. As a result, Bank Albilad's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. The bank's approach to sustainability and carbon management is not detailed in the available information, leaving a gap in understanding their environmental impact and future commitments. In the context of the banking industry, many institutions are increasingly focusing on carbon neutrality and setting science-based targets to reduce emissions. However, without specific data or commitments from Bank Albilad, it is challenging to assess their position within this evolving landscape.
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 Albilad is not participating in any of the initiatives that 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.