Jordan Islamic Bank Sustainability Profile
Jordan Islamic Bank, headquartered in Amman, Jordan, is a leading financial institution in the Islamic banking sector. Established in 1978, the bank has consistently expanded its operations across the Middle East, offering a range of Sharia-compliant financial products and services. Specialising in retail banking, corporate finance, and investment services, Jordan Islamic Bank distinguishes itself through its commitment to ethical banking practices and customer-centric solutions. The bank's innovative offerings, such as Murabaha and Ijara financing, cater to diverse client needs while adhering to Islamic principles. With a strong market position, Jordan Islamic Bank has received numerous accolades for its performance and service excellence, solidifying its reputation as a trusted provider of Islamic financial services in the region.
DitchCarbon Score
How does Jordan Islamic 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 Islamic Bank's score of 38 is higher than 62% 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 Islamic Bank, headquartered in Jordan (JO), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Al Baraka Group B.S.C., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Jordan Islamic Bank, it is important to note that the bank's sustainability initiatives may be aligned with those of its parent company, Al Baraka Group B.S.C. This relationship suggests that any climate strategies or emissions data could be inherited from the parent organization, although specific details are not provided. As a part of the financial sector, Jordan Islamic Bank is likely to be influenced by industry standards and practices regarding climate commitments, but without specific data or targets, it remains unclear how the bank is addressing its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,844,990 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 7,964,880 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000 | 0,000,000 |
How Carbon Intensive is Jordan Islamic Bank's Industry?
How Carbon Intensive is Jordan Islamic Bank's Location?
Jordan Islamic Bank's Scope 3 Categories Breakdown
Jordan Islamic Bank's Scope 3 emissions, which increased by 47% last year and increased by approximately 47% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
Jordan Islamic 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 Islamic 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.
