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.
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.
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.
Gulf International Bank's score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Gulf International Bank (GIB) 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 and Scope 2 emissions of approximately 9,039,340.31 kg CO2e. The bank's emissions have shown fluctuations over the years, with a notable decrease from about 9,368,291.78 kg CO2e in 2022 and a significant reduction from approximately 7,842,600.42 kg CO2e in 2021. GIB's emissions data for 2020 indicates a total of about 11,396,773.12 kg CO2e, with Scope 1 emissions at approximately 219,172.26 kg CO2e and Scope 2 emissions at around 11,177,600.86 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, GIB's emissions intensity per full-time equivalent (FTE) has varied, with values of approximately 7.67 in 2023 and 8.33 in 2022, reflecting the bank's ongoing efforts to manage its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - |
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.