Commercial Bank International (CBI) is a prominent financial institution headquartered in the United Arab Emirates (UAE). Established in 1991, CBI has grown to become a key player in the banking sector, primarily serving the UAE and the wider Gulf region. The bank offers a comprehensive range of services, including retail banking, corporate banking, and treasury solutions, distinguished by its commitment to customer service and innovative financial products. With a focus on digital transformation, CBI has successfully integrated advanced technology into its operations, enhancing customer experience and operational efficiency. The bank's strategic initiatives have positioned it as a trusted partner for both individual and corporate clients, earning recognition for its robust financial performance and commitment to sustainable banking practices. CBI continues to evolve, adapting to the dynamic financial landscape while maintaining its core values of integrity and excellence.
How does Commercial Bank International'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.
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.
Commercial Bank International's score of 24 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data from 2022, Commercial Bank International (CBI) reported total carbon emissions of approximately 13,300 kg CO2e under Scope 1, 863,000 kg CO2e under Scope 2, and 13,300 kg CO2e under Scope 3. This indicates a consistent approach to measuring and reporting emissions across various scopes, which include direct emissions from owned or controlled sources (Scope 1), indirect emissions from the generation of purchased electricity (Scope 2), and other indirect emissions (Scope 3). In 2021, CBI's emissions were approximately 136,000 kg CO2e for Scope 1, 863,000 kg CO2e for Scope 2, and 13,300 kg CO2e for Scope 3, showing a stable emission profile. The data from 2020 indicates a slight decrease in Scope 1 emissions to about 28,000 kg CO2e, while Scope 2 emissions remained at approximately 866,000 kg CO2e. Despite the detailed emissions reporting, CBI has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This suggests that while the bank is actively measuring its carbon footprint, it may not yet have formalised strategies for significant emissions reductions. Overall, CBI's emissions data reflects a commitment to transparency in environmental impact reporting, although further steps towards establishing reduction targets could enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 27,953,000 | 00,000,000 | 00,000 | 000,000 | 000,000 |
Scope 2 | 1,361,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 2,142,000 | 0,000,000 | 00,000 | 00,000 | 00,000 |
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.
Commercial Bank International 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.