Qatar Development bank (Q.S.C.C.) Sustainability Profile
Qatar Development Bank (Q.S.C.C.), headquartered in Doha, Qatar, plays a pivotal role in the nation’s economic landscape. Established in 1997, the bank focuses on fostering sustainable development through various financial services tailored for small and medium-sized enterprises (SMEs), entrepreneurs, and large corporations. With a commitment to enhancing the private sector, Qatar Development Bank offers unique products such as financing solutions, advisory services, and capacity-building initiatives. Its strategic approach has positioned the bank as a leader in the Qatari banking industry, contributing significantly to the diversification of the economy. Notable achievements include its support for innovative projects and initiatives that align with Qatar's National Vision 2030, reinforcing its status as a key player in the region's development.
DitchCarbon Score
How does Qatar Development bank (Q.S.C.C.)'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
Qatar Development bank (Q.S.C.C.)'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Qatar Development bank (Q.S.C.C.)'s reported carbon emissions
As of 2013, Qatar Development Bank (Q.S.C.C.) reported significant carbon emissions, with a total of approximately 5.76 billion kg CO2e attributed to Scope 1 emissions. This figure highlights the bank's direct greenhouse gas emissions from its operations. However, there is no available data for Scope 2 or Scope 3 emissions, indicating a lack of comprehensive reporting on indirect emissions associated with energy consumption and the supply chain. Currently, Qatar Development Bank has not established any specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). This absence of formal commitments suggests that the bank may be in the early stages of developing a structured approach to climate action and emissions reduction. Overall, while the reported emissions data provides a snapshot of the bank's carbon footprint, further transparency and commitment to climate initiatives will be essential for aligning with global sustainability goals.
How Carbon Intensive is Qatar Development bank (Q.S.C.C.)'s Industry?
How Carbon Intensive is Qatar Development bank (Q.S.C.C.)'s Location?
Qatar Development bank (Q.S.C.C.)'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.
Qatar Development bank (Q.S.C.C.) 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.
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