Commercial Bank PSQC

Country
Qatar
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
CBQK
Exchange
QATAR STOCK EXCHANGE
Website
www.cbq.qa
Description
Commercial Bank P.S.Q.C. is a key player in the banking and financial services sector, primarily functioning as a full-service commercial bank. It offers a comprehensive range of services, including p...

Commercial Bank PSQC's Climate Target Data Preview

As of 2024, Commercial Bank PSQC has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Commercial Bank PSQC ’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
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Commercial Bank PSQC’s Climate Targets Data

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a. Commercial Bank PSQC's Sustainability Report 2024
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Insights into Commercial Bank PSQC's Greenhouse Gas Emissions Pathways

As of 2024, Commercial Bank PSQC has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

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

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

Commercial Bank PSQC's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 11,339 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Commercial Bank PSQC is on track to meet its operational emissions reduction target, having achieved 39.48% of the planned reduction. a

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

20212024203003 k6 k9 k12 kCurrent (-10%)Target 2030 (-25%)
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