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 25 is lower than 66% 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 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.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bank Dhofar SAOG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
