Gulf International Bank
Gulf International Bank (GIB), a prominent financial institution, is headquartered in Manama, Bahrain, with significant operations across the Gulf Cooperation Council (GCC) region. Established in 1975, GIB has evolved into a key player in the banking industry, focusing on corporate and investment banking, treasury services, and asset management. The bank is renowned for its innovative financial solutions tailored to meet the diverse needs of its clients, including multinational corporations and government entities. GIB's commitment to excellence is reflected in its strong market position and notable achievements, such as receiving various awards for its service quality and financial performance. With a robust portfolio of core products and services, Gulf International Bank continues to set benchmarks in the financial sector, reinforcing its reputation as a trusted banking partner in the region.
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 28 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gulf International Bank's reported carbon emissions
In 2023, Gulf International Bank (GIB) reported total carbon emissions of approximately 9.23 million tonnes CO2e. This figure includes 186,353 tonnes CO2e from Scope 1 emissions and about 9.04 million tonnes CO2e from Scope 2 emissions. The bank's emissions have shown fluctuations over the past few years, with a notable decrease from about 9.36 million tonnes CO2e in 2022 and 7.84 million tonnes CO2e in 2021. GIB's emissions data indicates a commitment to monitoring and managing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The bank's carbon emission intensity per full-time equivalent (FTE) has also been tracked, with values of approximately 7.67 in 2023, 8.33 in 2022, and 7.75 in 2021, suggesting a focus on improving efficiency. While GIB has not set formal reduction targets under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP), its ongoing emissions reporting reflects an awareness of climate impact and a potential commitment to future sustainability efforts.
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Add to project2020 | 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 | 11,396,773.13 | 0,000,000.00 | - | - |
Industry emissions intensity
Location emissions intensity
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.
Gulf International Bank 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.
