Arab Bank
Arab Bank, officially known as Arab Bank Plc, is a leading financial institution headquartered in Amman, Jordan (JO). Established in 1930, it has grown to become one of the largest banks in the Middle East, with a significant presence across various regions, including the Gulf Cooperation Council (GCC) and North Africa. Specialising in retail, corporate, and investment banking, Arab Bank offers a diverse range of services, including personal loans, credit cards, and treasury solutions. Its commitment to innovation and customer service sets it apart in the competitive banking landscape. With a strong market position, Arab Bank has received numerous accolades for its financial stability and customer satisfaction, solidifying its reputation as a trusted banking partner in the Arab world and beyond.
DitchCarbon Score
How does Arab 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
Arab Bank's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arab Bank's reported carbon emissions
In 2024, Arab Bank reported total carbon emissions of approximately 37,475,300 kg CO2e, with Scope 1 emissions at about 3,756,400 kg CO2e and Scope 2 emissions at approximately 15,313,700 kg CO2e. This marks a significant increase from 2023, when total emissions were about 11,010,800 kg CO2e, comprising approximately 1,081,500 kg CO2e in Scope 1 and about 9,929,300 kg CO2e in Scope 2. The bank has not disclosed any Scope 3 emissions data for 2024, but in 2023, it reported Scope 3 emissions of approximately 120,300 kg CO2e across various regions, including the US and the Philippines. Despite the increase in total emissions in 2024, Arab Bank has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. Overall, Arab Bank's emissions data highlights the importance of ongoing monitoring and the potential for future commitments to reduce carbon footprints in alignment with global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 722,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,845,000 | 0,000,000 | 000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000 | 00,000,000 | - | - |
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.
Arab 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.
