- Uncertainty in policy and regulatory interventions and timing/effect of physical risks
- Lack of consistent, reliable, and comprehensive ESG data, especially for SMEs
- Methodological constraints in traditional risk management models not reflecting ESG factors
- Time-horizon mismatch between long-term environmental factors and shorter strategic planning horizons
- Multi-point impact of ESG risks affecting financial risk categories in multiple ways
Dubai Islamic Bank PJSC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Dubai Islamic Bank PJSC disclosed greenhouse gas emissions of 8.1K tCO2e/year. By scope: Scope 1: 228.43 tCO2e/year; Scope 2: 7.8K tCO2e/year; Scope 3: 78.62 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8.1K tCO2e/year
2023
Water Usage
27.5K kl/year
2023
Waste
558.58 tons/year
2023
Energy Use
14.2M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 228.43 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 78.62 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 8.1K tCO2e/year |
| 2022 | 6.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 333,888 plastic bottles saved via DIB’s Dubai Can water station
- 51,000 trees planted under One Tree for Everyone initiative
- Digitisation with DIB ‘alt’ reducing physical footprint and energy/paper usage
- Energy-efficient retrofitting of existing offices decreasing energy and water consumption
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete baselining and set phased-out targets (Q2 2024)
- Undertake initiatives to improve ESG performance (Q3 2024)
- Implement enhanced programs across priority areas (Q4 2024)
📅 Medium-term
- Enhance disclosures by increasing reporting boundaries and scope (2025)
- Go beyond peer efforts and targets to assert market leadership (2026)
🔭 Long-term
- Be the sustainable bank of the future (2050)
🌱 ESG Focus Areas
Greenhouse gas emissionsClimate RisksDiversity and InclusionEmployee Well-beingFinancial InclusionData Security and PrivacyTransparency & DisclosureBusiness Ethics