Meezan Bank
Meezan Bank, officially known as Meezan Bank Limited, is a leading Islamic bank headquartered in Pakistan (PK). Established in 2002, it has rapidly grown to become a prominent player in the Islamic banking sector, serving a diverse clientele across major operational regions in the country. Specialising in Shariah-compliant financial services, Meezan Bank offers a range of products, including personal and business financing, investment accounts, and Islamic credit cards. Its unique approach to banking, rooted in ethical principles, sets it apart from conventional banks. With a strong market position, Meezan Bank has achieved numerous accolades, including recognition for its innovative products and commitment to customer service. As a pioneer in Islamic finance, it continues to shape the industry landscape in Pakistan.
DitchCarbon Score
How does Meezan 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
Meezan Bank's score of 26 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Meezan Bank's reported carbon emissions
In 2023, Meezan Bank reported significant carbon emissions, totalling approximately 1,791,253,194,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 1,791,253,194,000 kg CO2e, Scope 2 emissions also at approximately 1,791,253,194,000 kg CO2e, and Scope 3 emissions, which encompass various categories such as franchises, investments, and employee commuting, also amounting to around 1,791,253,194,000 kg CO2e. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Meezan Bank. This lack of specific commitments highlights an opportunity for the bank to enhance its climate strategy and align with industry standards for sustainability and carbon reduction. As the financial sector increasingly prioritises climate action, Meezan Bank's future initiatives could play a crucial role in mitigating its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2023 | |
|---|---|
| Scope 1 | 1,791,253,194,000 |
| Scope 2 | 1,791,253,194,000 |
| Scope 3 | 1,791,253,194,000 |
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.
Meezan 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.
