Commercial International Bank Egypt CIB
CIB's GHG Emissions Data Preview
In 2024, CIB completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CIB has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  b | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  | 0000000 |
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aVerified Sources Behind CIB’s Greenhouse Gas (GHG) Emissions 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 CIB’s data sources below and access millions more through our Disclosure Search.
Insights into CIB's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of CIB amounted to 33,687 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).b
Compared to 2023, the total operational greenhouse gas (GHG) emissions of CIB increased by 0.75%, suggesting that the company faced challenges in reducing its emissions from its core operations.b
CIB's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are CIB's Scope 1 emissions?
In 2024, the total Scope 1 emissions of CIB were 4,577 metric tons of CO₂ equivalent (tCO₂e).b
Has CIB reduced its Scope 1 emissions over time?
Since 2019, CIB's Scope 1 emissions have decreased by 11.09%, reflecting a declining long-term trend in Scope 1 emissions over time.b
Compared to the previous year (2023), CIB's Scope 1 emissions decreased by 35.4%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.b
What are CIB's Scope 2 emissions?
In 2024, CIB reported Scope 2 greenhouse gas (GHG) emissions of 29,110 tCO₂e without specifying the calculation method.b
Has CIB reduced its Scope 2 emissions over time?
Since 2019, CIB's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that CIB's emissions have plateaued with no significant change in its energy consumption footprint.b
Compared to the previous year (2023), CIB's Scope 2 emissions (Unspecified Calculation Method) rose by 10.47% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyb
What methodology does CIB use for Scope 2 reporting?
In 2024, CIB reported its Scope 2 emissions using an unspecified methodology.b
CIB's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into CIB's Value Chain Emissions
In 2024, CIB reported 35,445 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.b
The 2024 disclosure of CIB includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.b
CIB's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are CIB's Scope 3 emissions?
In 2024, CIB reported total Scope 3 emissions of 35,445 metric tons of CO₂ equivalent (tCO₂e).b
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.b
Has CIB reduced its Scope 3 emissions over time?
Since 2019, CIB's Scope 3 emissions have increased by 214.73%, reflecting a rising long-term trend in Scope 3 emissions over time.b
Compared to the previous year (2023), CIB's Scope 3 emissions increased by 11.03%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does CIB disclose?
In 2024, CIB reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of CIB's Scope 3 emissions?
In 2024, the largest contributors to CIB's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 23,916 tCO₂e (67.47%)
- Business Travel (Cat. 6): 4,208 tCO₂e (11.87%)
- Purchased Goods and Services (Cat. 1): 3,429 tCO₂e (9.67%)
CIB's Scope 3 Emissions by Categories
Insights into CIB’s GHG Emissions Intensity Compared to Industry Peers
In 2024, CIB reported Scope 1 greenhouse gas (GHG) emissions of 4,577 tCO₂e and total revenues of USD 2,339 millions. This translates into an emissions intensity of 1.96 tCO₂e per millions USD.b
CIB's Scope 1 Emissions Intensity Compared to Peers
How does CIB's GHG emissions intensity compare to its peers?
In 2024, CIB reported a Scope 1 emissions intensity of 1.96 tCO₂e per millions USD. Compared to the peer group median of 19.36, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b
Where does CIB rank on GHG emissions intensity within its industry?
In 2024, CIB ranked 6 out of 12 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).b
CIB is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.b
Insights into CIB's Total Carbon Footprint
In 2024, CIB reported a total carbon footprint of 69,132 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.77% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to CIB's total carbon footprint was Scope 3 emissions, accounting for 51.27% of the company's total carbon footprint, followed by Scope 2 emissions at 42.11%.b