Meezan Bank Sustainability Profile
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 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meezan Bank's reported carbon emissions
Meezan Bank, headquartered in Pakistan (PK), currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3 emissions, nor are there any documented reduction targets or achievements. The bank has not publicly committed to any specific climate pledges or initiatives, nor does it inherit emissions data from a parent company or related organisation. As such, Meezan Bank's current climate commitments and strategies remain unspecified. In the context of the banking industry, it is increasingly important for financial institutions to establish clear carbon reduction targets and transparency in emissions reporting. Meezan Bank's future climate initiatives may benefit from aligning with industry standards and frameworks, such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP), to enhance their sustainability profile and commitment to climate action.
How Carbon Intensive is Meezan Bank's Industry?
How Carbon Intensive is Meezan Bank's Location?
Meezan 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.
Meezan 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.
