Société Arabe Internationale de Banque (SAIB), headquartered in Egypt, is a prominent player in the banking and financial services industry. Established in 1976, SAIB has built a strong reputation for providing a diverse range of banking solutions, including retail, corporate, and investment banking services. With a focus on the Middle East and North Africa (MENA) region, the bank has successfully expanded its operations to cater to a growing customer base. SAIB distinguishes itself through its innovative financial products and personalised customer service, ensuring tailored solutions for both individual and corporate clients. The bank's commitment to excellence has earned it a notable position in the market, recognised for its robust financial performance and customer-centric approach. As it continues to evolve, SAIB remains dedicated to fostering economic growth and development in the regions it serves.
How does Société Arabe Internationale de Banque'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 Business Services 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.
Société Arabe Internationale de Banque's score of 6 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Société Arabe Internationale de Banque reported total carbon emissions of approximately 2,198,000 kg CO2e. This figure includes 602,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling, accounted for about 1,269,000 kg CO2e. Additionally, Scope 3 emissions, which encompass all other indirect emissions, totalled approximately 470,000 kg CO2e. Within Scope 3, significant contributors included purchased goods and services (100,000 kg CO2e), waste generated in operations (145,000 kg CO2e), and fuel and energy-related activities (225,000 kg CO2e). Currently, Société Arabe Internationale de Banque has not established specific reduction targets or climate pledges, indicating a potential area for future commitment in addressing climate change. As the financial sector increasingly prioritises sustainability, the bank's emissions data highlights the importance of developing robust strategies to mitigate its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | |
---|---|
Scope 1 | 602,000 |
Scope 2 | 1,269,000 |
Scope 3 | 470,000 |
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.
Société Arabe Internationale de Banque 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.