Riyad Bank
Riyad Bank, officially known as Riyad Bank Saudi Arabia, is a leading financial institution headquartered in Riyadh, Saudi Arabia. Established in 1962, the bank has grown to become a key player in the Middle Eastern banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence in major operational regions throughout the Kingdom, Riyad Bank is renowned for its innovative financial solutions, including personal banking, loans, and wealth management services. The bank's commitment to digital transformation and customer-centric services has positioned it as a market leader, consistently achieving notable milestones in customer satisfaction and financial performance. Riyad Bank continues to play a pivotal role in supporting the economic development of Saudi Arabia.
DitchCarbon Score
How does Riyad 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
Riyad Bank'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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Riyad Bank's reported carbon emissions
Riyad Bank, headquartered in Saudi Arabia (SA), currently does not report any specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. Consequently, there are no recorded Scope 1, 2, or 3 emissions data available for analysis. In terms of climate commitments, Riyad Bank has not established any documented reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or similar climate pledges. This lack of formal commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, Riyad Bank's future climate initiatives will be crucial for aligning with industry standards and expectations. The absence of emissions data and reduction targets highlights an opportunity for Riyad Bank to enhance its environmental accountability and contribute to broader climate goals.
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.
Riyad 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.
