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In 2023, Commercial Bank of Kuwait 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).
Commercial Bank of Kuwait has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions ofCommercial Bank of Kuwait amounted to7,922.7metric 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).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Commercial Bank of Kuwaitincreased by 8.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Commercial Bank of Kuwait were 40.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2022), Commercial Bank of Kuwait's Scope 1 emissions increased by 56.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Commercial Bank of Kuwait reported Scope 2 greenhouse gas (GHG) emissions of 7,882.6 tCOâ‚‚e without specifying the calculation method.a
Compared to the previous year(2022), Commercial Bank of Kuwait's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Commercial Bank of Kuwait's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Commercial Bank of Kuwait reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Commercial Bank of Kuwait reported 264.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Commercial Bank of Kuwait includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Commercial Bank of Kuwait reported total Scope 3 emissions of 264.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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.a
Compared to the previous year (2022), Commercial Bank of Kuwait's Scope 3 emissions increased by 30.03%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2023, Commercial Bank of Kuwait reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Commercial Bank of Kuwait's Scope 3 emissions were:a
In 2023, Commercial Bank of Kuwait reported a total carbon footprint of 8,186.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Commercial Bank of Kuwait's total carbon footprint was Scope 2 emissions, accounting for 96.28% of the company's total carbon footprint, followed by Scope 3 emissions at 3.23%.a