Saudi Arabian British Bank (SAB)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020

In its 2023 reporting, Saudi Arabian British Bank (SAB) disclosed greenhouse gas emissions of 587.5K tCO2e/year. By scope: Scope 1: 15.7K tCO2e/year; Scope 2: 39.2K tCO2e/year; Scope 3: 532.6K 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.

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GHG Emissions
587.5K tCO2e/year
2023
💧
Water Usage
119.8K m3/year
2023
♻️
Waste
44.9 tons/year
2023
⚙️
Energy Use
69.1M kWh/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).15.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.39.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).532.6K 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 periodHeadline emissions figure reported
2023587.5K tCO2e/year
2022145.3K tCO2e (2021)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • SAR 34 billion in sustainable financing and investments by 2025.

📅 Medium-term

  • Achieve key milestones towards Net Zero in operations by 2030.
  • Complete scope 3 baseline across all sectors.

🔭 Long-term

  • Achieve Net Zero in operations by 2035 or sooner.
  • Achieve Net Zero in financed emissions by 2060 or sooner.

🌱 ESG Focus Areas

Climate ChangeSustainable FinanceDiversity & InclusionCommunity DevelopmentGovernance

⚠️ Challenges & Risks +

  • Assessing and managing scope 3 GHG emissions, particularly financed emissions.
  • Limited public emissions disclosure among companies in the Kingdom.
  • Climate-related risks (physical and transition).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UNGC, UN Principles for Responsible Banking, UN Sustainable Development Goals, IFRS S1 and S2
Assurance: PricewaterhouseCoopers Public Accountants (PwC)