- Challenges have been observed in sanctions compliance due to the changed geo-political landscape, which in turn has impacted to some extent the risk appetite of the Bank in terms of onboarding and transacting of categories of customers.
- Heightened expectations have been observed on UAE banks where such banks could now be potentially held liable for inadequately disclosed self-assessments of its customers that do not get properly challenged.
Commercial Bank International P.S.C.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Commercial Bank International P.S.C. disclosed greenhouse gas emissions of 136 tCO2e/year (Scope 1); 863 tCO2e/year (Scope 2); 13.3 tCO2e/year (Scope 3). By scope: Scope 1: 136 tCO2e/year; Scope 2: 863 tCO2e/year; Scope 3: 13.3 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
136 tCO2e/year (Scope 1); 863 tCO2e/year (Scope 2); 13.3 tCO2e/year (Scope 3)
2023
Water Usage
3.5K m3/year
2023
Energy Use
2.4K MWh/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). | 136 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 863 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.3 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 | 136 tCO2e/year (Scope 1); 863 tCO2e/year (Scope 2); 13.3 tCO2e/year (Scope 3) |
| 2021 | 47.0K kg CO2e (Scope 1); 842637 kg CO2e (Scope 2); 329 kg CO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Fuel consumption per vehicle owned or leased by the Bank decreased by 42% from 2022.
- Implemented a practice of monitoring GHG Emissions and consistently undertake measures to minimise these emissions within our operations and beyond.
- Electronic bank statements have been deployed across our client base and a printer rationalisation programme was executed to guarantee that all spent toner cartridges were recycled in an ecologically responsible manner.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue reducing our paper consumption to move closer to achieving a paperless transformation.
📅 Medium-term
- Monitor natural resource usage and establish corporate targets for reducing GHG emissions while optimising asset performance.
- Develop a plan for managing organic waste through in-house composting awareness and systems aimed at diverting organic waste going into landfills, thereby reducing Carbon Dioxide (CO₂) and Methane (CH₄) emissions.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance