Burgan Bank

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Burgan Bank disclosed greenhouse gas emissions of 11.7K MtCO2e/year (Scope 1 2 & 3 combined). By scope: Scope 1: 145.80 MtCO2e/year; Scope 2: 4.3K MtCO2e/year; Scope 3: 11.3K MtCO2e/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
11.7K MtCO2e/year (Scope 1 2 & 3 combined)
2023
💧
Water Usage
10.5K KL/year
2023
♻️
Waste
111.20 tons/year
2023
⚙️
Energy Use
23.7K GJ/year
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).145.80 MtCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.3K MtCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).11.3K MtCO2e/year

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

📅 Medium-term

  • Achieve carbon neutrality (aligned with Kuwait's 2060 Net Zero target)

🌱 ESG Focus Areas

Endorsing Ethical Practices and TransparencyResponsible Banking and FinancingPositive Community ImpactMinimizing Environmental Impact

⚠️ Challenges & Risks +

  • Climate change impacts
  • Cyber threats
  • Supply chain disruptions (implied)

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Universal Standards (2021), UN Sustainable Development Goals (UNSDGs), Sustainability Accounting Standards Board (SASB), Kuwait Vision 2035 ‘New Kuwait’, Boursa Kuwait