Bank AlJazira Sustainability Profile
Bank AlJazira, officially known as Bank AlJazira Saudi Arabia, is a prominent financial institution headquartered in Jeddah, Saudi Arabia. Established in 1975, the bank has made significant strides in the banking sector, focusing on retail, corporate, and investment banking services. With a strong presence across the Kingdom, Bank AlJazira offers a diverse range of products, including personal finance, business loans, and investment solutions, distinguished by their commitment to customer service and innovative financial solutions. The bank has achieved notable recognition for its digital banking initiatives, positioning itself as a leader in the evolving financial landscape. As a key player in the Saudi banking industry, Bank AlJazira continues to enhance its market position through strategic partnerships and a focus on sustainable growth, catering to the diverse needs of its clientele.
DitchCarbon Score
How does Bank AlJazira'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 AlJazira's score of 22 is lower than 72% 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 AlJazira's reported carbon emissions
Bank AlJazira, 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 from the bank. As a result, the bank's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. Without specific emissions data or reduction initiatives, it is challenging to assess Bank AlJazira's overall impact on climate change or its commitment to sustainability. In the context of the banking industry, many institutions are increasingly focusing on carbon neutrality and setting science-based targets to reduce their emissions. However, without concrete data or commitments from Bank AlJazira, it is difficult to evaluate their position in this evolving landscape.
How Carbon Intensive is Bank AlJazira's Industry?
How Carbon Intensive is Bank AlJazira's Location?
Bank AlJazira'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 AlJazira 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.
