Saudi Investment Bank
Saudi Investment Bank (SAIB), headquartered in Riyadh, Saudi Arabia, is a prominent player in the financial services industry. Established in 1976, the bank has consistently evolved, offering a diverse range of products and services tailored to meet the needs of both individual and corporate clients. SAIB's core offerings include retail banking, corporate finance, investment services, and treasury solutions, distinguished by their commitment to customer service and innovative financial solutions. With a strong presence across the Kingdom and a focus on digital transformation, the bank has positioned itself as a leader in the Saudi financial market. Notable achievements include a robust asset base and a reputation for reliability, making Saudi Investment Bank a trusted partner in the region's economic development.
DitchCarbon Score
How does Saudi Investment 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 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.
Industry Benchmark
Saudi Investment Bank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saudi Investment Bank's reported carbon emissions
As of the latest available data, Saudi Investment Bank has not disclosed specific carbon emissions figures for recent years, including Scope 1, 2, or 3 emissions. The most recent emissions data available dates back to 2016, with no reported emissions figures for that year or the preceding years from 2015 to 2013. This lack of data suggests that the bank may not have established a comprehensive emissions reporting framework. In terms of climate commitments, Saudi Investment Bank has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or participation in initiatives such as the Science Based Targets initiative (SBTi). The bank's climate strategy appears to be in its early stages, with no significant pledges or commitments publicly available. Overall, Saudi Investment Bank's current climate commitments and emissions data reflect a need for enhanced transparency and action in addressing carbon emissions and climate change.
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.
Saudi Investment Bank 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.
