Jordan Commercial Bank Sustainability Profile
Jordan Commercial Bank, commonly referred to as JCB, is a prominent financial institution headquartered in Amman, Jordan. Established in 1994, the bank has made significant strides in the banking sector, serving both individual and corporate clients across the Middle East. JCB operates primarily in retail banking, corporate banking, and investment services, offering a diverse range of products including personal loans, credit facilities, and treasury services. What sets JCB apart is its commitment to customer-centric solutions and innovative financial products tailored to meet the evolving needs of its clientele. With a strong market presence, Jordan Commercial Bank has achieved notable milestones, including recognition for its robust financial performance and dedication to corporate social responsibility. As a key player in the Jordanian banking landscape, JCB continues to enhance its services, contributing to the region's economic growth.
DitchCarbon Score
How does Jordan Commercial 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
Jordan Commercial Bank's score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jordan Commercial Bank's reported carbon emissions
In 2023, Jordan Commercial Bank reported total carbon emissions of approximately 755,980 kg CO2e, comprising 72,459 kg CO2e from Scope 1 and 683,360 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, when the bank's total emissions were about 1,218,150 kg CO2e, with Scope 1 emissions at 72,620 kg CO2e and Scope 2 emissions at 1,145,530 kg CO2e. Despite these figures, Jordan Commercial Bank has not established specific reduction targets or initiatives, nor does it disclose any Scope 3 emissions data. The bank's emissions intensity ratio for 2023 was approximately 0.00034, indicating its emissions relative to employee count. As of now, there are no climate pledges or commitments reported, and the bank does not inherit emissions data from any parent organization. Jordan Commercial Bank's focus appears to be on transparency in its emissions reporting, but further commitments to reduction strategies or climate initiatives are currently absent.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 72,620 | 00,000 |
| Scope 2 | 1,145,530 | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Jordan Commercial Bank's Industry?
How Carbon Intensive is Jordan Commercial Bank's Location?
Jordan Commercial 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.
Jordan Commercial 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.
