Sohar International Bank SAOG Sustainability Profile
Sohar International Bank SAOG, commonly referred to as Sohar Bank, is a prominent financial institution headquartered in Oman. Established in 2007, the bank has rapidly evolved to become a key player in the Omani banking sector, offering a comprehensive range of services including retail banking, corporate banking, and investment solutions. With a strong presence across major operational regions in Oman, Sohar International Bank is recognised for its innovative products and customer-centric approach. The bank's unique offerings, such as tailored financing solutions and digital banking services, set it apart in a competitive market. Notable achievements include a commitment to sustainability and community development, reinforcing its position as a trusted financial partner in the region.
DitchCarbon Score
How does Sohar International Bank SAOG'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
Sohar International Bank SAOG's score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sohar International Bank SAOG's reported carbon emissions
Sohar International Bank SAOG, headquartered in Oman, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a result, the bank's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. Without specific emissions data or reduction initiatives, it is challenging to assess the bank's environmental impact or its commitment to addressing climate change. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies, but Sohar International Bank SAOG has yet to publicly disclose any such commitments or performance metrics.
How Carbon Intensive is Sohar International Bank SAOG's Industry?
How Carbon Intensive is Sohar International Bank SAOG's Location?
Sohar International Bank SAOG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sohar International Bank SAOG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
