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Public Profile
Financial Intermediation
SA
updated 5 months ago

Bank AlJazira

Company website

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.

22

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.

27

Industry Benchmark

Bank AlJazira's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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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 associated with the bank. As a result, the bank's climate commitments and initiatives remain unclear, and there is no information available regarding any emissions inherited from a parent or related organization. Without specific data or targets, 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 adopting science-based targets and sustainability initiatives to mitigate their carbon footprints. However, without concrete data or commitments from Bank AlJazira, it is difficult to evaluate its position within this evolving landscape.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank AlJazira's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank AlJazira is in SA, which has a medium grid carbon intensity relative to other regions.

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 AlJazira 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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