Saudi EXIM
Saudi EXIM, officially known as the Saudi Export-Import Bank, is headquartered in Riyadh, Saudi Arabia. Established in 2020, the bank plays a pivotal role in supporting the Kingdom's economic diversification efforts by facilitating international trade. Operating primarily in the financial services industry, Saudi EXIM focuses on providing export financing, guarantees, and insurance solutions tailored for Saudi exporters. With a commitment to enhancing the competitiveness of Saudi products in global markets, the bank offers unique services that include trade finance and risk mitigation. Saudi EXIM has quickly positioned itself as a key player in the export financing sector, contributing to the growth of non-oil exports and fostering international partnerships. Its strategic initiatives and robust support mechanisms have garnered recognition, reinforcing its role in the Kingdom's Vision 2030 objectives.
DitchCarbon Score
How does Saudi EXIM'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 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
Saudi EXIM's score of 5 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Saudi EXIM's reported carbon emissions
In 2023, Saudi EXIM reported total carbon emissions of approximately 557,200 kg CO2e. This figure includes Scope 1 emissions of about 34,200 kg CO2e and Scope 2 emissions, which are entirely market-based, amounting to approximately 523,000 kg CO2e. Despite the significant emissions, there are currently no publicly stated reduction targets or climate pledges from Saudi EXIM. The absence of specific reduction initiatives suggests a need for further commitment to climate action within the organisation. Saudi EXIM's emission intensity metrics indicate that for every million Saudi Riyals (mSAR) of revenue, the emissions intensity is about 1,980 kg CO2e, while per full-time equivalent (FTE) employee, the intensity is approximately 2,160 kg CO2e. These figures highlight the organisation's operational impact on climate change, underscoring the importance of developing robust strategies for emissions reduction in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 34,200 |
| Scope 2 | 523,000 |
| 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.
Saudi EXIM 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.
