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 6 is lower than 80% 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 business travel, also amounting to around 1,791,253,194,000 kg CO2e. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives disclosed by Meezan Bank. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their climate commitments. As the financial sector increasingly prioritises sustainability, Meezan Bank's future strategies may benefit from establishing clear reduction goals to align with industry standards and enhance their environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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.
