Bank Saudi Fransi (BSF), headquartered in Riyadh, Saudi Arabia, is a prominent player in the banking and financial services industry. Established in 1977, BSF has grown to become a key provider of a wide range of financial solutions, including retail banking, corporate banking, investment services, and treasury operations. With a strong presence across the Kingdom and a commitment to innovation, BSF offers unique products such as Sharia-compliant financing and tailored investment solutions. The bank has achieved notable milestones, including strategic partnerships and digital transformation initiatives, positioning itself as a leader in the Saudi financial sector. BSF's dedication to customer service and financial inclusion continues to enhance its reputation and market position within the region.
How does BSF (Bank Saudi Fransi)'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.
BSF (Bank Saudi Fransi)'s score of 2 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Bank Saudi Fransi (BSF) reported total carbon emissions of approximately 36,770,000 kg CO2e, comprising about 30,114,000 kg CO2e from Scope 1 and about 5,966,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2021, where total emissions were about 36,680,000 kg CO2e, with Scope 1 emissions at approximately 36,697,000 kg CO2e and Scope 2 emissions at about 9,985,000 kg CO2e. In 2020, BSF's emissions were notably higher, with total emissions reaching about 64,554,000 kg CO2e, including approximately 56,554,000 kg CO2e from Scope 1 and about 8,280,000 kg CO2e from Scope 2. Despite these reductions, BSF has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions intensity metrics reveal a GHG emissions intensity of about 8,700 kg CO2e per employee and approximately 0.01138 kg CO2e per million SAR in revenue for 2022. Overall, BSF's emissions data reflects a positive trend towards reducing its carbon footprint, although further commitments and initiatives would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 56,554,000 | 00,000,000 | 00,000,000 |
Scope 2 | 8,280,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
BSF (Bank Saudi Fransi) 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.