Qatar National Bank (Q.P.S.C.), commonly referred to as QNB, is a leading financial institution headquartered in Doha, Qatar. Established in 1964, QNB has grown to become one of the largest banks in the Middle East and Africa, with a significant presence across Asia, Europe, and the Americas. Operating primarily in the banking and financial services industry, QNB offers a comprehensive range of products, including retail banking, corporate banking, and investment services. Its commitment to innovation and customer service sets it apart in a competitive market. With numerous accolades, including recognition as the "Best Bank in the Middle East," QNB continues to solidify its position as a trusted financial partner, dedicated to supporting the economic growth of Qatar and beyond.
How does Qatar National Bank (Q.P.S.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 National Bank (Q.P.S.C.)'s score of 21 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Qatar National Bank (Q.P.S.C.) reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The bank's revenue for the year was approximately USD 7.92 billion. Despite the absence of emissions data, Qatar National Bank has not set any publicly disclosed reduction targets or climate pledges, which may reflect a broader industry context where financial institutions are increasingly scrutinised for their environmental impact. As of now, there are no emissions figures cascaded from a parent or related organisation, as Qatar National Bank operates independently in this regard. The bank's commitment to sustainability and climate action remains unclear without specific targets or initiatives outlined in their reports. For further details on their sustainability efforts, stakeholders may refer to their sustainability report, although it currently lacks concrete emissions data and reduction commitments.
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 National Bank (Q.P.S.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.