Commercial International Bank

Commercial International Bank, an Egyptian financial intermediation services provider, reported total carbon emissions of approximately 69.1 million kg CO2e in 2024. This includes about 4.6 million kg CO2e from Scope 1 emissions, 29.1 million kg CO2e from Scope 2 emissions, and 35.4 million kg CO2e from Scope 3 emissions. In 2023, the bank's total emissions were approximately 64.7 million kg CO2e, with Scope 1 at about 7.1 million kg CO2e, Scope 2 at approximately 26.4 million kg CO2e, and Scope 3 at around 31.3 million kg CO2e.

Commercial International Bank is committed to aligning its operations with net-zero emissions by 2050. This commitment is supported by its involvement in the Net-Zero Banking Alliance (NZBA) Steering Group Meeting. While the bank had a "Committed" status with the Science Based Targets initiative (SBTi) as of April 2018, its near-term target status was later "Removed," and it is noted that targets were to be submitted by July 31, 2023. As an organization reporting directly, its emissions data and climate commitments are not cascaded from a parent entity.