- Economic fluctuations, regulatory changes, and evolving consumer demands.
- High employee turnover.
- Reputational damage due to workplace-related issues or incidents impacting Health, Safety, and Environment (HSE).
- Occupational hazards and potential HSE accidents.
- Cyber threats and data breaches.
- Resource scarcity impacting operational supply chains.
- Meeting growing customer expectations, building and maintaining trust, effective internal communication, and timely complaint resolution.
- Inefficient procurement practices or lack of stringent assessments within the supply chain.
Société Arabe Internationale de Banque
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Société Arabe Internationale de Banque disclosed greenhouse gas emissions of 2.3K mtCO2e. By scope: Scope 1: 602 mtCO2e; Scope 2: 1.3K mtCO2e; Scope 3: 470 mtCO2e. 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
2.3K mtCO2e
2023
Water Usage
114.8K m3
2023
Waste
150 tons
2023
Energy Use
4.8K MWh
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). | 602 mtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.3K mtCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 470 mtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Procedures based on recommendations of Carbon Footprint Measurement Report to reduce carbon emissions (GHG); these measures focus on enhancing the efficiency of lighting systems, improving water system efficiency, maintaining the transport fleet, carbon offsets, and sustainability policies.
- Replacement of fluorescent lamps with LED ones across all branches and offices.
- Initiated the “Water for Life Initiative” to establish a chemical-free water purification station in Luxor, providing access to clean water for over 25,000 citizens.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption and minimize carbon footprint.
- Further expand ATM network to 200 machines by end of 2024.
🔭 Long-term
- Net-zero emissions
🌱 ESG Focus Areas
Economic Impact & PerformanceResponsible Banking & Sustainable FinanceGovernance, Transparency & Anti-CorruptionDigitalization & InnovationData Privacy and CybersecurityEnvironmental ManagementProcurement and SupplierCustomer RelationsFinancial InclusionEmployee Acquisition, Career and AdvancementCommunity Development and Empowerment