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.
-10 vs industry average
Commercial Bank Of Qatar’s score of 25 is lower than 31% 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.
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. This figure includes Scope 1 emissions of about 65,000 kg CO2e and Scope 2 emissions of approximately 10,155,000 kg CO2e. The bank's emissions have shown a slight decrease from 2023, where total emissions were about 10,437,000 kg CO2e, with Scope 1 at 42,000 kg CO2e and Scope 2 at 10,395,000 kg CO2e. The bank has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Notably, there are no specific reduction targets or climate pledges outlined in their current sustainability initiatives, which may suggest a need for enhanced commitments in line with industry standards. The emissions data is sourced directly from The Commercial Bank (P.S.Q.C.) and is not cascaded from any parent organization. The bank's commitment to sustainability is reflected in its ongoing efforts to monitor and report emissions, although further initiatives could strengthen its climate strategy.
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Commercial Bank Of Qatar’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Commercial Bank Of Qatar yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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