Alinma Bank SJSC

Common Name
Alinma Bank
Country
Saudi Arabia
Sector
Financial Services
Industry
Banks - Regional
Employees
4,174
Ticker
1150
Exchange
SAUDI STOCK EXCHANGE
Description
Alinma Bank is a prominent financial institution operating primarily within the Kingdom of Saudi Arabia, established to offer comprehensive banking solutions compliant with Islamic financial principle...

Alinma Bank's Climate Target Data Preview

As of 2024, Alinma Bank has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Alinma Bank ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
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Verified Sources Behind Alinma Bank’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Alinma Bank’s data sources below and access millions more through our Disclosure Search.

a. Alinma Bank's ESG Report 2024
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Insights into Alinma Bank's Greenhouse Gas Emissions Pathways

As of 2024, Alinma Bank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Alinma Bank have a target to reduce the emissions from its operations?

As of 2024, Alinma Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Alinma Bank's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 33,635 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2024, Alinma Bank is ahead of schedule on its operational emissions reduction target, having achieved 27.26% of the planned reduction. a

Alinma Bank's Operational (Scope 1+2) Emissions Pathway

2022202420252030205008.5 k17 k25.5 k34 kBaselineCurrent (-25%)Target 2030 (-42%)Target 2050 (-90%)

Does Alinma Bank have a target to reduce the emissions from its value chain?

As of 2024, Alinma Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Alinma Bank's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 366,260.07 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing value chain emissions, Alinma Bank has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

Alinma Bank's Value Chain (Scope 3) Emissions Pathway

202220242025203020500100 k200 k300 k400 kCurrent (+7%)Target 2025 (-10%)Target 2030 (-42%)Target 2050 (-90%)
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