- Climate-related risks (physical and transition)
- Evolving ESG regulations and legal frameworks
- Risks associated with emerging technologies
- Limited availability of data regarding regional GHG emissions factors and a lack of reliable Scope 1 and 2 emissions data from certain companies and projects within BSFโs portfolio
Banque Saudi Fransi
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Banque Saudi Fransi disclosed greenhouse gas emissions of 30.1K 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
30.1K tCO2e/year
2022
Water Usage
83.3K m3/year
2022
โ Reported Environmental Achievements
- 17.9% reduction in total Scope 1 and 2 GHG emissions
- 35.5% reduction in petrol consumption
- 9.5% reduction in electricity consumption
- 17.2% reduction in total water consumption
๐ฏ Climate & Sustainability Targets
๐ Short-term
- Developing an ESG roadmap
- Developing the Bankโs sustainable financing framework
- Elevating the maturity level of remaining IT controls to ML3 by the first quarter of 2024
๐ Medium-term
- Exploring the Bankโs capabilities to start disclosing its Scope 3 financed emissions
๐ฑ ESG Focus Areas
Governance, Accountability, Transparency and EthicsRisk ManagementData Privacy and SecurityFinancial and Economic PerformanceSustainable Lending and InvestmentResponsible ProcurementResponsible Customer Relations and SatisfactionDigitalizationFinancial Inclusion and AccessibilityTalent Attraction, Retention and DevelopmentEmployee Engagement, Wellbeing and SatisfactionDiversity and InclusionNationalizationEnvironmental ManagementCommunity Investment