Bank ABC
Bank ABC, officially known as Arab Banking Corporation, is a prominent financial institution headquartered in Bahrain (BH). Established in 1980, the bank has made significant strides in the banking sector, particularly in the Middle East and North Africa (MENA) regions. Specialising in corporate banking, investment banking, and treasury services, Bank ABC distinguishes itself through innovative financial solutions tailored to meet the diverse needs of its clients. The bank's commitment to excellence has earned it a strong market position, recognised for its robust risk management practices and customer-centric approach. With a focus on digital transformation, Bank ABC continues to enhance its core offerings, ensuring it remains at the forefront of the banking industry. Its notable achievements include various awards for service quality and financial performance, solidifying its reputation as a trusted banking partner in the region.
DitchCarbon Score
How does Bank ABC'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
Bank ABC'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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Bank ABC's reported carbon emissions
In 2023, Bank ABC reported total carbon emissions of approximately 232,600 kg CO2e. This figure includes 1,270 kg CO2e from Scope 1 emissions, 225,860 kg CO2e from Scope 2 emissions, and 5,430 kg CO2e from Scope 3 emissions. The total emissions for Scope 1 and 2 combined were about 119,600 kg CO2e. Comparatively, in 2022, the bank's total emissions were approximately 322,000 kg CO2e, with Scope 1 emissions at 35,100 kg CO2e, Scope 2 emissions at 266,300 kg CO2e, and Scope 3 emissions at 20,100 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, Bank ABC has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. The emissions data is not cascaded from a parent company, and all figures are reported directly by Bank ABC. The bank's commitment to sustainability is reflected in its emissions disclosures, although further initiatives or targets have not been specified.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 35,100 | 0,000 |
| Scope 2 | 266,300 | 000,000 |
| Scope 3 | 20,100 | 0,000 |
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.
Bank ABC 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.
