BBK Sustainability Profile
BBK, or Bank of Bahrain and Kuwait, is a prominent financial institution headquartered in Bahrain (BH). Established in 1971, BBK has grown to become a leading player in the banking sector, offering a comprehensive range of services including retail banking, corporate banking, and investment solutions. With a strong presence in the Gulf Cooperation Council (GCC) region, BBK is renowned for its innovative financial products and customer-centric approach. The bank's commitment to excellence is reflected in its numerous accolades and a robust market position, making it a trusted choice for individuals and businesses alike. BBK's unique offerings, such as tailored financial solutions and advanced digital banking services, set it apart in a competitive landscape. As it continues to evolve, BBK remains dedicated to fostering economic growth and enhancing customer experiences across its operational regions.
DitchCarbon Score
How does BBK'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
BBK's score of 22 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BBK's reported carbon emissions
In 2024, BBK reported total carbon emissions of approximately 9,853,910 kg CO2e, comprising 4,916,420 kg CO2e from Scope 1, 3,656,320 kg CO2e from Scope 2, and 1,116,170 kg CO2e from Scope 3 emissions. The Scope 1 emissions include mobile combustion (910 kg CO2e), fugitive emissions (142,990 kg CO2e), and stationary combustion (20 kg CO2e). Scope 3 emissions are primarily driven by business travel (148,660 kg CO2e), employee commuting (794,560 kg CO2e), and waste generated in operations (172,950 kg CO2e). BBK has set ambitious climate commitments, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, starting from 2024. This target reflects the bank's commitment to sustainability and aligns with industry standards for climate action. The initiatives to achieve this reduction are detailed in their sustainability report. BBK's emissions data is not cascaded from any parent organization, ensuring that the reported figures are specific to BBK's operations. The bank's proactive approach to managing its carbon footprint demonstrates its dedication to addressing climate change and promoting environmental responsibility.
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| 2024 | |
|---|---|
| Scope 1 | 4,916,420 |
| Scope 2 | 3,656,320 |
| Scope 3 | 1,116,170 |
How Carbon Intensive is BBK's Industry?
How Carbon Intensive is BBK's Location?
BBK's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 12% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 71% of Scope 3 emissions.
Top Scope 3 Categories
BBK's Climate Goals (2030 & 2050)
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.
BBK 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.
