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.
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.
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.
Qatar Development bank (Q.S.C.C.)'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2013, Qatar Development Bank (Q.S.C.C.) reported significant carbon emissions amounting to approximately 5,759,262,000 kg CO2e, all of which fall under Scope 1 emissions. This figure highlights the bank's direct greenhouse gas emissions from its operations. Currently, there are no disclosed reduction targets or climate pledges from Qatar Development Bank, indicating a lack of formal commitments to reduce emissions or improve sustainability practices. Additionally, there is no data cascaded from a parent or related organization, as the emissions data is solely attributed to Qatar Development Bank itself. As the bank continues to operate within the context of climate change, it may benefit from establishing clear reduction initiatives and targets to align with global sustainability efforts.
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.
Qatar Development bank (Q.S.C.C.) is not participating in any of the initiatives that 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.