- Data limitations in measuring Scope 3 financed emissions, especially in the MENA region
- High percentage of GHG emissions from suppliers (75%)
- Need to reduce waste to landfill and increase recycling rates
- Need to improve data availability for climate scenario analysis
Arab Banking Corporation BSC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Arab Banking Corporation BSC disclosed greenhouse gas emissions of 92.6K tCO2e/year. By scope: Scope 1: 1.4K tCO2e/year; Scope 2: 14.2K tCO2e/year; Scope 3: 76.9K 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
92.6K tCO2e/year
2023
Renewable Energy
9%
of total energy
Water Usage
65.3K m3/year
2023
Waste
163 tons/year
2023
Energy Use
25.0M KWh/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). | 1.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 14.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 76.9K 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 | 92.6K tCO2e/year |
| 2022 | 9.5K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy use per full-time employee by 3%
- Recycled 40% of all waste
- Improved capture of Scope 1, 2, and 3 GHG emissions data
- Completed a Critical Infrastructure Review to assess environmental impact of global operations
- London office reached 100% renewable energy in Q2 2023
- Jordan operation sources 100% renewable energy
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions, energy, and water usage across global operations
📅 Medium-term
- Expand renewable energy across global network
- Accelerate sustainable and transition finance
- Develop reduction targets for GHG emissions, energy, water, and waste
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and InclusionGovernanceSustainable FinanceCommunity InvestmentRisk ManagementOperations