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Public Profile
Financial Intermediation
QA
updated 10 days ago

Commercial Bank Of Qatar

Company website

The Commercial Bank of Qatar (CBQ), established in 1975, stands as a prominent financial institution headquartered in Doha, Qatar. With a strong presence in the Middle East, CBQ operates across various sectors, including retail banking, corporate banking, and investment services. Renowned for its innovative banking solutions, the bank offers a diverse range of products, such as personal loans, credit cards, and wealth management services, tailored to meet the unique needs of its clientele. CBQ has consistently achieved significant milestones, including being one of the first banks in Qatar to introduce digital banking services, enhancing customer convenience and accessibility. As a leading player in the Qatari banking sector, CBQ is recognised for its robust financial performance and commitment to customer service, solidifying its position as a trusted partner in the region's economic growth.

DitchCarbon Score

How does Commercial Bank Of Qatar'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.

32

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.

27

Industry Benchmark

Commercial Bank Of Qatar's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Commercial Bank Of Qatar's reported carbon emissions

In 2024, the Commercial Bank of Qatar reported total carbon emissions of approximately 10,220,000 kg CO2e, with Scope 1 emissions at about 65,000 kg CO2e and Scope 2 emissions at approximately 10,155,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 10,437,000 kg CO2e, with Scope 1 at approximately 42,000 kg CO2e and Scope 2 at around 10,395,000 kg CO2e. Over the past few years, the bank's emissions have shown a general trend of reduction, with total emissions decreasing from about 11,521,000 kg CO2e in 2022 and 11,339,000 kg CO2e in 2021. The bank has not disclosed any Scope 3 emissions data, indicating a focus primarily on direct and indirect emissions from its operations. Despite the reductions, the Commercial Bank of Qatar has not set specific science-based targets or formal climate pledges, nor does it appear to have cascaded any reduction targets from parent or related organizations. The bank's commitment to sustainability is evident in its reporting and transparency regarding emissions, but further initiatives or targets would enhance its climate strategy. Overall, the Commercial Bank of Qatar is making progress in reducing its carbon footprint, with a focus on managing its Scope 1 and 2 emissions effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
26,000
00,000
00,000
00,000
00,000
00,000
Scope 2
12,964,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Commercial Bank Of Qatar's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Commercial Bank Of Qatar is in QA, which has a medium grid carbon intensity relative to other regions.

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.

Commercial Bank Of Qatar 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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