Islamic Investment Insurance, also known as Islamic Development Bank (IsDB), is headquartered in Saudi Arabia and operates across various regions, including the Middle East, Africa, and South Asia. Established in 1975, IsDB has made significant strides in promoting economic development through Sharia-compliant financial solutions. The company focuses on providing innovative insurance products that align with Islamic principles, catering to both individuals and businesses. Its core offerings include Takaful (Islamic insurance) and investment services, which are distinguished by their ethical approach and commitment to social responsibility. With a strong market position, IsDB has achieved notable milestones, including financing numerous development projects that enhance economic growth in member countries. As a leader in the Islamic finance industry, IsDB continues to set benchmarks for sustainable investment and insurance solutions.
How does Islamic Investment Insurance'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.
Islamic Investment Insurance's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Islamic Investment Insurance, headquartered in Saudi Arabia, currently does not have available data on carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This absence of data suggests that the company may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As the industry increasingly prioritises sustainability, it will be essential for Islamic Investment Insurance to establish clear commitments and measurable targets to align with global climate goals.
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.
Islamic Investment Insurance 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.