BankDhofar SAOG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, BankDhofar SAOG disclosed greenhouse gas emissions of 329.69 tCO2e/year (2022). By scope: Scope 1: 181.65 tCO2e/year (2022); Scope 2: 148.04 tCO2e/year (2022). 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.

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GHG Emissions
329.69 tCO2e/year (2022)
2023
💧
Water Usage
34.1K m3/year (2023)
2023
⚙️
Energy Use
4.1K GJ/year (2022)
2023

📊 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).181.65 tCO2e/year (2022)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.148.04 tCO2e/year (2022)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Developing a comprehensive GHG emissions inventory including financed emissions
  • Developing a water consumption efficiency action plan including defining ambitious efficiency targets
  • Developing a circularity in the workplace action plan including the development of waste reduction and recycling targets

📅 Medium-term

  • Developing an ESG Risk Integration policy
  • Developing a Sustainable Finance Framework

🔭 Long-term

  • Achieving Net Zero Emissions by 2050

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Managing climate-related risks and opportunities impacting financial performance
  • Potential data breaches and vulnerability to evolving privacy regulations

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021 Update, Muscat Stock Exchange’s ESG Guidelines, United Nations Sustainable Development Goals (SDGs), Oman Vision 2040, All applicable rules and regulations issued by the Central Bank of Oman (CBO) and the Capital Market Authority (CMA)