Qatar Development bank (Q.S.C.C.)
Qatar Development Bank (Q.S.C.C.), headquartered in Doha, Qatar, plays a pivotal role in the nation’s economic landscape. Established in 1997, the bank focuses on fostering sustainable development through various financial services tailored for small and medium-sized enterprises (SMEs), entrepreneurs, and large corporations. With a commitment to enhancing the private sector, Qatar Development Bank offers unique products such as financing solutions, advisory services, and capacity-building initiatives. Its strategic approach has positioned the bank as a leader in the Qatari banking industry, contributing significantly to the diversification of the economy. Notable achievements include its support for innovative projects and initiatives that align with Qatar's National Vision 2030, reinforcing its status as a key player in the region's development.
DitchCarbon Score
How does Qatar Development bank (Q.S.C.C.)'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
Qatar Development bank (Q.S.C.C.)'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Qatar Development bank (Q.S.C.C.)'s reported carbon emissions
In 2013, Qatar Development Bank (Q.S.C.C.) reported significant carbon emissions, with Scope 1 emissions totalling approximately 5,759,262,000 kg CO2e. This data highlights the bank's substantial carbon footprint within Qatar (QA). While the bank has not disclosed specific reduction targets or initiatives, it is essential to note that there are no emissions data cascaded from a parent or related organization. The absence of Scope 2 and Scope 3 emissions data indicates a potential area for future reporting and improvement. Qatar Development Bank's commitment to addressing climate change remains unclear, as no specific climate pledges or reduction initiatives have been documented. The bank's emissions data and lack of defined targets suggest an opportunity for enhanced sustainability practices and transparency in future reporting.
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.
Qatar Development bank (Q.S.C.C.) 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.
