Bank Audi
Bank Audi, officially known as Bank Audi S.A.L., is a prominent financial institution headquartered in Lebanon (LB). Established in 1830, it has evolved into one of the leading banks in the Middle East, with a strong presence across various operational regions, including the Levant and the Gulf Cooperation Council (GCC) countries. Specialising in retail, corporate, and investment banking, Bank Audi offers a diverse range of products and services, including personal loans, credit cards, and wealth management solutions. Its commitment to innovation and customer service distinguishes it in a competitive market. With a robust market position, Bank Audi has received numerous accolades, reflecting its dedication to excellence and financial stability. The bank continues to play a vital role in the economic landscape of Lebanon and the broader region.
DitchCarbon Score
How does Bank Audi'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 Audi's score of 20 is lower than 84% 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 Audi's reported carbon emissions
In 2018, Bank Audi, headquartered in Lebanon (LB), reported total carbon emissions of approximately 22,515,000 kg CO2e. This figure includes Scope 1 emissions of about 3,412,900 kg CO2e, Scope 2 emissions of around 17,799,900 kg CO2e, and Scope 3 emissions totalling approximately 913,900 kg CO2e, which encompasses business travel emissions of about 406,600 kg CO2e and waste generated in operations at approximately 134,200 kg CO2e. The bank's emissions data reflects a slight decrease from 2017, when total emissions were about 23,292,700 kg CO2e. The breakdown for 2017 shows Scope 1 emissions at approximately 5,054,300 kg CO2e, Scope 2 at around 16,993,700 kg CO2e, and Scope 3 at about 1,244,700 kg CO2e. Despite the emissions data, Bank Audi has not set specific reduction targets or initiatives as part of its climate commitments. The bank's climate strategy does not currently include any pledges or initiatives such as those outlined by the Science Based Targets initiative (SBTi) or other industry-standard frameworks. Overall, while Bank Audi has disclosed its emissions data, it appears to lack formalised reduction targets or commitments to mitigate its carbon footprint.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,101,700 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 16,003,900 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,204,200 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
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 Audi is participating in some 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.
