Public Profile

BSF (Bank Saudi Fransi)

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.

DitchCarbon Score

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.

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.

27

Industry Benchmark

BSF (Bank Saudi Fransi)'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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BSF (Bank Saudi Fransi)'s reported carbon emissions

In 2021, Bank Saudi Fransi (BSF) reported total carbon emissions of approximately 36,680,000 kg CO2e. This figure includes about 9,985,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 26,695,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. BSF has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. Additionally, there is no available data on Scope 3 emissions, which encompass all other indirect emissions that occur in a company's value chain. As part of its commitment to addressing climate change, BSF is expected to align with industry standards and best practices, although specific climate pledges or targets have not been outlined. The bank's emissions intensity is reported at approximately 11,380 kg CO2e per employee, indicating a need for further action to enhance sustainability efforts.

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2021
Scope 1
9,985,000
Scope 2
26,695,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BSF (Bank Saudi Fransi)'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 BSF (Bank Saudi Fransi) is in SA, 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.

BSF (Bank Saudi Fransi) 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers