Gulf International Bank
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 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.
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Gulf International Bank's reported carbon emissions
In 2023, Gulf International Bank (GIB), headquartered in Bahrain (BH), reported total carbon emissions of approximately 9,225,693,450 kg CO2e. This figure includes 186,353,140 kg CO2e from Scope 1 emissions and a significant 9,039,340,310 kg CO2e from Scope 2 emissions. GIB has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 11.89% by 2025, compared to a 2020 baseline. This target translates to an annual reduction of about 2.5%. Additionally, GIB is committed to achieving net zero emissions for both Scope 1 and Scope 2 by 2050. In previous years, GIB's emissions were recorded as follows: in 2022, total emissions were approximately 9,368,291.78 kg CO2e, with Scope 1 at 187,282.31 kg CO2e and Scope 2 at 9,181,009.48 kg CO2e. In 2021, total emissions were about 7,842,600.42 kg CO2e, with Scope 1 emissions of 233,220.47 kg CO2e and Scope 2 emissions of 7,609,379.95 kg CO2e. These commitments and reductions are part of GIB's broader strategy to align with the 2°C target set by international climate agreements.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 219,172,260 | 000,000.00 | 000,000.00 | 000,000,000 |
| Scope 2 | 11,177,600,860 | 0,000,000.00 | 0,000,000.00 | 0,000,000,000 |
| Scope 3 | - | - | - | - |
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 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.
