BSF (Bank Saudi Fransi)
Bank Saudi Fransi (BSF), headquartered in Riyadh, Saudi Arabia, is a prominent player in the banking and financial services industry. Established in 1977, BSF has grown to become a key provider of a wide range of financial solutions, including retail banking, corporate banking, investment services, and treasury operations. With a strong presence across the Kingdom and a commitment to innovation, BSF offers unique products such as Sharia-compliant financing and tailored investment solutions. The bank has achieved notable milestones, including strategic partnerships and digital transformation initiatives, positioning itself as a leader in the Saudi financial sector. BSF's dedication to customer service and financial inclusion continues to enhance its reputation and market position within the region.
DitchCarbon Score
How does BSF (Bank Saudi Fransi)'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
BSF (Bank Saudi Fransi)'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BSF (Bank Saudi Fransi)'s reported carbon emissions
In 2021, Bank Saudi Fransi (BSF) reported total carbon emissions of approximately 36,435,000 kg CO2e, comprising about 9,985,000 kg CO2e from Scope 1 emissions and about 26,695,000 kg CO2e from Scope 2 emissions. Notably, BSF has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, BSF has not established specific reduction targets or climate pledges as part of its sustainability initiatives. The bank's emissions data is independently reported and does not cascade from any parent organisation. BSF's commitment to addressing climate change remains unclear, as there are no documented reduction initiatives or targets in place. The bank's emissions intensity is reported at approximately 11,380 kg CO2e per employee, indicating a need for further action in reducing its carbon footprint.
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| 2021 | |
|---|---|
| Scope 1 | 9,985,000 |
| Scope 2 | 26,695,000 |
| Scope 3 | - |
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.
BSF (Bank Saudi Fransi) 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.
