CIB (Credit Agricole - Egypt Bank)
CIB, or Credit Agricole - Egypt Bank, is a prominent financial institution headquartered in Egypt. Established in 2006, the bank has rapidly expanded its operations across major regions, providing a comprehensive range of banking services tailored to meet the needs of both individual and corporate clients.
CIB excels in retail banking, corporate banking, and investment services, offering unique products such as tailored loan solutions and innovative digital banking platforms. The bank's commitment to customer service and financial inclusion has positioned it as a leader in the Egyptian banking sector.
With a strong market presence and a reputation for reliability, CIB continues to achieve significant milestones, reinforcing its status as a trusted partner in Egypt's financial landscape.
+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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
CIB (Credit Agricole - Egypt Bank)'s reported carbon emissions
In 2024, Crédit Agricole - Egypt Bank reported total carbon emissions of approximately 2,677,120 kg CO2e. This figure includes Scope 1 emissions of about 1,170,090 kg CO2e and Scope 2 emissions of approximately 1,507,040 kg CO2e. The bank has not disclosed any Scope 3 emissions data. Comparatively, in 2023, the bank's total emissions were approximately 3,426,180 kg CO2e, with Scope 1 emissions at about 1,892,750 kg CO2e and Scope 2 emissions at approximately 1,533,430 kg CO2e. This indicates a reduction in total emissions of about 749,060 kg CO2e from 2023 to 2024. Crédit Agricole - Egypt Bank is committed to achieving carbon neutrality by 2050, as part of a broader climate strategy initiated by the Crédit Agricole Group. This long-term commitment encompasses all scopes of emissions and aims to decarbonise its financing portfolios. The emissions data is sourced directly from Crédit Agricole - Egypt Bank (S.A.E.) and is not cascaded from any parent organisation.
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CIB (Credit Agricole - Egypt Bank)’s Climate Goals (2030 & 2050)
1 goal2050
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…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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
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