Warba Bank
Warba Bank, officially known as Warba Bank K.S.C.P., is a prominent financial institution headquartered in Kuwait (KW). Established in 2010, the bank has rapidly evolved within the Islamic banking sector, offering a diverse range of Sharia-compliant financial products and services. With a strong presence in the Middle East, Warba Bank focuses on retail banking, corporate finance, and investment services, catering to both individual and business clients. The bank's unique offerings include innovative financing solutions and tailored investment opportunities, setting it apart in a competitive market. Warba Bank has achieved significant milestones, including recognition for its customer service excellence and commitment to sustainable banking practices. As a key player in the Islamic finance industry, Warba Bank continues to strengthen its market position through strategic growth and a customer-centric approach.
DitchCarbon Score
How does Warba 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
Warba Bank's score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Warba Bank's reported carbon emissions
In 2024, Warba Bank, headquartered in Kuwait (KW), reported total carbon emissions of approximately 6,521,410 kg CO2e. This figure includes 1,207,620 kg CO2e from Scope 1 emissions, 4,064,140 kg CO2e from Scope 2 emissions, and 1,249,650 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 6,321,160 kg CO2e, with Scope 1 emissions at 793,280 kg CO2e, Scope 2 at 2,003,050 kg CO2e, and a significant 3,524,830 kg CO2e from Scope 3, which included business travel and employee commuting. Warba Bank has not set specific reduction targets or initiatives as part of its climate commitments, and there are no data cascaded from a parent organization. The bank's emissions data is sourced directly from its own disclosures, ensuring transparency in its environmental impact reporting. The bank continues to monitor its emissions across all scopes, aiming for improved sustainability practices in the future.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 0,000,000 |
| Scope 2 | 3,944,470 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 |
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.
Warba Bank 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.
