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Public Profile
Financial Intermediation
OM
updated 6 days ago

Bank Dhofar SAOG

Company website

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.

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.

30

Industry Benchmark

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.

20%

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Bank Dhofar SAOG's reported carbon emissions

Bank Dhofar SAOG, headquartered in Oman, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As of now, Bank Dhofar SAOG has not inherited any emissions data from a parent or related organization, indicating that their climate impact assessment is independent. The absence of reported emissions and reduction initiatives suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to address climate-related risks and opportunities. As such, Bank Dhofar SAOG may benefit from establishing clear climate commitments and reduction targets to align with global sustainability trends and enhance its environmental responsibility.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Bank Dhofar SAOG'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 Dhofar SAOG is in OM, 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 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.

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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