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.
DitchCarbon Score
How does CIB (Credit Agricole - Egypt Bank)'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 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
CIB (Credit Agricole - Egypt Bank)'s score of 22 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CIB (Credit Agricole - Egypt Bank)'s reported carbon emissions
In 2023, Crédit Agricole - Egypt Bank reported total carbon emissions of approximately 1,594,990 kg CO2e for Scope 1 and about 1,496,310 kg CO2e for Scope 2. This data highlights the bank's ongoing commitment to monitoring and managing its carbon footprint. Looking ahead, Crédit Agricole has set ambitious climate commitments, aiming for carbon neutrality across all scopes by 2050. This long-term strategy includes the implementation of decarbonisation trajectories for its financing portfolios, reinforcing its dedication to sustainable finance and environmental responsibility. In previous years, the bank has also reported significant metrics related to its financed emissions, such as a carbon intensity of 36,000 kg CO2e per square metre in 2022, indicating its focus on reducing the impact of its financial activities on climate change. Overall, Crédit Agricole - Egypt Bank is actively working towards reducing its carbon emissions and enhancing its climate strategy, aligning with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 1,594,990 |
| Scope 2 | 1,496,310 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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.
CIB (Credit Agricole - Egypt Bank) 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.
