Bank of Sharjah
Bank of Sharjah, a prominent financial institution headquartered in the United Arab Emirates, has been a key player in the banking sector since its establishment in 1973. With a strong presence in the UAE and a focus on the Gulf Cooperation Council (GCC) region, the bank offers a diverse range of services, including corporate banking, retail banking, and investment solutions. Renowned for its commitment to customer service and innovative financial products, Bank of Sharjah stands out with its tailored offerings designed to meet the unique needs of both individual and corporate clients. Over the years, the bank has achieved significant milestones, solidifying its position as a trusted financial partner in the region. With a focus on sustainable growth and community development, Bank of Sharjah continues to enhance its market presence while upholding its core values of integrity and excellence.
DitchCarbon Score
How does Bank of Sharjah'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 of Sharjah's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bank of Sharjah's reported carbon emissions
In 2023, Bank of Sharjah reported total carbon emissions of approximately 1,190,000 kg CO2e, comprising 635,300 kg CO2e from Scope 1 emissions and 554,700 kg CO2e from Scope 2 emissions. This data highlights the bank's ongoing commitment to monitoring and managing its carbon footprint. In 2022, the bank's Scope 2 emissions were recorded at about 446,351 kg CO2e, indicating a significant increase in emissions in 2023. However, there are currently no disclosed reduction targets or climate pledges from the bank, suggesting a need for further commitment to climate action and emissions reduction strategies. As the financial sector increasingly prioritises sustainability, Bank of Sharjah's emissions data reflects the broader industry context, where financial institutions are urged to adopt more robust climate commitments and reduction initiatives.
Unlock detailed emissions data
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | 000,000 |
| Scope 2 | 446,351 | 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 of Sharjah is not committed to any reduction initiatives 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.
