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.
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.
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.
Bank Dhofar SAOG'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.
Bank Dhofar SAOG, headquartered in Oman, currently does not have available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This absence of data suggests that the bank may still be in the early stages of formalising its climate commitments or reporting on its carbon footprint. In the context of the banking industry, many institutions are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon emissions. As the global focus on climate change intensifies, it is essential for financial institutions like Bank Dhofar to establish clear strategies and commitments to mitigate their environmental impact. While specific emissions data and reduction initiatives are currently lacking, it is crucial for Bank Dhofar to consider developing a comprehensive climate strategy that aligns with industry standards and best practices. This could include setting science-based targets, engaging in carbon offsetting, and enhancing transparency in their environmental reporting.
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.