Gulf International Bank Sustainability Profile
Gulf International Bank (GIB), headquartered in Bahrain (BH), is a prominent financial institution in the Middle East, specialising in commercial banking and investment services. Established in 1975, GIB has built a strong reputation for its innovative financial solutions and commitment to customer service across the Gulf Cooperation Council (GCC) region. The bank offers a diverse range of products, including corporate banking, treasury services, and asset management, tailored to meet the unique needs of its clients. GIB's strategic focus on digital transformation and sustainable finance sets it apart in a competitive market, positioning it as a leader in the banking industry. With a robust financial standing and a commitment to excellence, Gulf International Bank continues to achieve significant milestones, reinforcing its status as a trusted partner for businesses and individuals alike.
DitchCarbon Score
How does Gulf International 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
Gulf International Bank's score of 44 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Gulf International Bank's reported carbon emissions
In 2023, Gulf International Bank (GIB), headquartered in Bahrain (BH), reported total carbon emissions of approximately 9,225,693.45 kg CO2e. This figure includes Scope 1 emissions of about 186,353.14 kg CO2e, Scope 2 emissions of approximately 9,039,340.31 kg CO2e (with 1,908,910.0 kg CO2e attributed to purchased electricity), and Scope 3 emissions of around 33,800.0 kg CO2e. GIB has set ambitious targets to reduce its carbon footprint, committing to an 11.89% reduction in Scope 1 and 2 emissions by 2025, relative to a 2020 baseline. This target translates to an annual reduction of about 2.5%. Additionally, GIB aims for a 15% reduction in Scope 1 emissions and a 19% reduction in Scope 2 emissions by 2023, both from a 2020 baseline. Looking towards the future, GIB has pledged to achieve net zero emissions for both Scope 1 and Scope 2 by 2050. These commitments align with industry standards and the global goal of limiting temperature rise to 2°C. GIB's efforts reflect a proactive approach to climate change, demonstrating a commitment to sustainability and responsible banking practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 219,172.26 | 000,000.00 | 000,000.00 | 000,000.00 |
| Scope 2 | 11,177,600.86 | 0,000,000.00 | 0,000,000.00 | 0,000,000.00 |
| Scope 3 | - | - | - | 00,000 |
How Carbon Intensive is Gulf International Bank's Industry?
How Carbon Intensive is Gulf International Bank's Location?
Gulf International Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gulf International Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
