Qatar Islamic Bank (QIB)

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023, 2022

In its 2023 reporting, Qatar Islamic Bank (QIB) disclosed greenhouse gas emissions of 5.1K tons of CO2eq. By scope: Scope 1: 87.75 tCO2e; Scope 2: 5.0K tCO2e. 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.

πŸ’¨
GHG Emissions
5.1K tons of CO2eq
2023
πŸ’§
Water Usage
21.1K m3
2023
♻️
Waste
49.118 tons
2023
βš™οΈ
Energy Use
38.0K GJ
2023

πŸ“Š Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).87.75 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.5.0K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
20235.1K tons of CO2eq
20226.7K tCO2e/year (Scope 1 and 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

βœ… Reported Environmental Achievements

🌱 ESG Focus Areas

Governance, ethics, compliance and riskFinancial and economic performanceCustomer relationshipsSustainable investment and financingData privacy and securityDigitalization and innovationWorkforce development and wellbeingLocalizationSupporting SME’sCommunity support and investmentsFinancial inclusion and accessibilityDirect environmental impactResponsible procurement and supply chain

⚠️ Challenges & Risks +

  • Ongoing challenges due to the location of our branches inside shopping malls with shared amenities, whose water usage we cannot control
  • Measurement of Scope 3 emissions, primarily financed emissions, is under consideration for 2024
  • ESG financial products are still in an embryonic phase in the Qatari market compared to conventional products

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Standards for Commercial Banks, TCFD recommendations, AA1000 Standards, United Nations Sustainable Development Goals (SDGs), Qatar National Vision 2030 (QNV 2030), Qatar Stock Exchange (QSE) ESG Disclosure Guidance