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OrganisationsCIB (Credit Agricole - Egypt Bank)
CIB (Credit Agricole - Egypt Bank) logo

CIB (Credit Agricole - Egypt Bank)

Financial IntermediationEgypt
Last verified 13 days agoca-egypt.com

CIB, or Credit Agricole - Egypt Bank, is a prominent player in the financial intermediation services sector, headquartered in Egypt. Established in 2006, the bank has rapidly evolved, offering a comprehensive range of financial products and services tailored to meet the diverse needs of its clients. With a strong presence in major operational regions across Egypt, CIB focuses on retail banking, corporate banking, and investment services, distinguishing itself through innovative solutions and customer-centric approaches.

CIB's core offerings include personal loans, credit cards, and business financing, all designed to enhance financial accessibility for individuals and enterprises alike. The bank has achieved notable milestones, positioning itself as a trusted financial partner in the region. With a commitment to excellence and a robust market presence, CIB continues to set benchmarks in the Egyptian banking landscape.

36
DitchCarbon score

-1 vs industry average

CIB (Credit Agricole - Egypt Bank)’s score of 36 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2027

0.0M0M0M000.0K0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

CIB (Credit Agricole - Egypt Bank)'s reported carbon emissions

For its 2024 reporting year, Credit Agricole - Egypt Bank (EG) reported total emissions of approximately 2.7 million kg CO2e. This figure includes Scope 1 emissions of about 1.2 million kg CO2e and Scope 2 emissions of approximately 1.5 million kg CO2e.

In the prior reporting year, 2023, the bank's total emissions were approximately 3.4 million kg CO2e, comprising Scope 1 emissions of around 1.9 million kg CO2e and Scope 2 emissions of approximately 1.5 million kg CO2e.

Credit Agricole Group has committed to achieving carbon neutrality by 2050, with new decarbonisation trajectories for its financing portfolios. While specific reduction targets for Credit Agricole - Egypt Bank are not detailed in the provided data, its climate commitments are aligned with the broader Group strategy. The bank's reporting for 2023 and 2024 indicates that Scope 3 emissions data is not yet disclosed.

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CIB (Credit Agricole - Egypt Bank)’s Climate Goals (2030 & 2050)

1 goal

2050

Crédit Agricole Group presents today its measures to strengt…

Crédit Agricole Group presents today its measures to strengthen and accelerate its climate strategy and announces its new decarbonisation tr…

Insufficient data0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 1 climate goals

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
CIB (Credit Agricole - Egypt Bank) logoCIB (Credit Agricole - Egypt Bank)
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HSBC Bank Egypt SAE logoHSBC Bank Egypt SAE
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Alexbank logoAlexbank
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Emirates Nbd logoEmirates Nbd
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BLOM Bank Egypt S.A.E. logoBLOM Bank Egypt S.A.E.
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alBaraka Bank Egypt S.A.E. logoalBaraka Bank Egypt S.A.E.
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