- Unavailability of electricity consumption data for some assets, impacting emission calculation accuracy.
- Need to further develop understanding of climate risks and opportunities within the corporate portfolio.
Ajman Bank
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Ajman Bank disclosed greenhouse gas emissions of 2.1K tCO2e/year. By scope: Scope 1: 105 tCO2e/year; Scope 2: 2.0K 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
2.1K tCO2e/year
2023
Energy Use
5.0K 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). | 105 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Initiated first carbon accounting exercise, quantifying Scope 1 and Scope 2 emissions (2,064 tCO2e).
- Partnered with Mastercard to integrate Carbon Calculator tool into retail banking services (available in 2024).
- Committed to using recycled materials for all new customer credit and debit cards by 2025.
- Initiated energy efficiency project in collaboration with a third-party provider (quantified results pending).
🎯 Climate & Sustainability Targets
🔭 Long-term
- Align with UAE’s Net Zero Commitment by 2050 (specific targets not defined).
🌱 ESG Focus Areas
Environmental SustainabilitySocial SustainabilityGovernance