Qatar Islamic Bank
Qatar Islamic Bank (QIB), established in 1997, is a leading financial institution headquartered in Doha, Qatar. As a prominent player in the Islamic banking sector, QIB operates primarily in the Gulf Cooperation Council (GCC) region, offering a comprehensive range of Sharia-compliant financial products and services. The bank's core offerings include retail banking, corporate banking, investment services, and treasury solutions, all designed to meet the diverse needs of its clientele. QIB is renowned for its innovative approach to Islamic finance, consistently introducing unique products that align with Islamic principles. With a strong market position, QIB has achieved numerous accolades, reflecting its commitment to excellence and customer satisfaction. The bank continues to play a pivotal role in the economic development of Qatar, contributing to the growth of the Islamic banking industry.
DitchCarbon Score
How does Qatar Islamic 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
Qatar Islamic Bank's score of 25 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Qatar Islamic Bank's reported carbon emissions
In 2023, Qatar Islamic Bank (QIB) reported total carbon emissions of approximately 5,083,130 kg CO2e, comprising 87,750 kg CO2e from Scope 1 and about 4,995,380 kg CO2e from Scope 2 emissions. This marked a decrease from 2022, where emissions were around 6,722,140 kg CO2e, with Scope 1 at 57,040 kg CO2e and Scope 2 at approximately 6,665,100 kg CO2e. In 2021, QIB's emissions totalled about 4,392,310 kg CO2e, with Scope 1 emissions at 51,200 kg CO2e and Scope 2 at approximately 4,341,107 kg CO2e. The bank's emissions in 2020 were around 4,182,368 kg CO2e, with Scope 1 at 24,630 kg CO2e and Scope 2 at about 4,157,738 kg CO2e. Despite these figures, QIB has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, aligning with broader industry trends towards sustainability and climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 39,950 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 5,237,791 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Qatar Islamic 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.
