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 82% 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
As of the latest available data, Bank AlJazira does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data. Consequently, there are no recorded Scope 1, Scope 2, or Scope 3 emissions totals. In terms of climate commitments, Bank AlJazira has not outlined any specific reduction targets or initiatives. The absence of documented climate pledges or targets suggests that the bank may still be in the early stages of developing a comprehensive sustainability strategy. Given the current context, it is essential for Bank AlJazira to establish clear emissions reporting and reduction goals to align with industry standards and contribute to global climate efforts.
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.
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