Bank Dhofar SAOG
Bank Dhofar SAOG, headquartered in Oman, is a prominent player in the banking and financial services industry. Established in 1990, the bank has grown significantly, offering a comprehensive range of products and services, including retail banking, corporate banking, and investment solutions. With a strong presence across Oman, Bank Dhofar is known for its innovative financial products tailored to meet the diverse needs of its customers. The bank's commitment to customer service and technological advancement has positioned it as a leader in the Omani banking sector. Notable achievements include various awards recognising its excellence in service and financial performance, solidifying its reputation as a trusted financial partner in the region. Bank Dhofar continues to strive for growth and excellence, making it a key player in Oman’s economic landscape.
DitchCarbon Score
How does Bank Dhofar SAOG'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 Dhofar SAOG's score of 24 is lower than 80% 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 Dhofar SAOG's reported carbon emissions
In 2022, Bank Dhofar SAOG reported total carbon emissions of approximately 329,690 kg CO2e, comprising 181,650 kg CO2e from Scope 1 and 148,040 kg CO2e from Scope 2. This marked a reduction from 2021, when the bank's emissions totalled about 413,070 kg CO2e, with Scope 1 emissions at 232,800 kg CO2e and Scope 2 at 180,270 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, achieving a significant decrease in emissions intensity per employee, from 270 kg CO2e in 2021 to 200 kg CO2e in 2022. However, there are currently no specific reduction targets or climate pledges disclosed by the bank. As a financial institution headquartered in Oman, Bank Dhofar is part of a growing trend in the banking sector to address climate change and enhance sustainability practices, although further details on their long-term climate commitments remain unspecified.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 232,800 | 000,000 |
| Scope 2 | 180,270 | 000,000 |
| Scope 3 | - | - |
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 Dhofar SAOG 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.
