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Gulf Bank KSCP

Country
Kuwait
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
GBK
Exchange
KUWAIT STOCK EXCHANGE

Gulf Bank KSCP's GHG Emissions Data Preview

In 2024, Gulf Bank KSCP 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).

Gulf Bank KSCP has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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b
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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0000000
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Verified Sources Behind Gulf Bank KSCP’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 Gulf Bank KSCP’s data sources below and access millions more through our Disclosure Search.

a. Gulf Bank KSCP's Sustainability Report 2024
a. Gulf Bank KSCP's Sustainability Report 2024
b. Gulf Bank KSCP's Sustainability Report 2023
b. Gulf Bank KSCP's Sustainability Report 2023

Insights into Gulf Bank KSCP's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGulf Bank KSCP amounted to11,512.1metric 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 2023, the total operational greenhouse gas (GHG) emissions of Gulf Bank KSCPdecreased by 1.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Gulf Bank KSCP's Scope 1 Emissions Over Time

20222023202403570105140tCO2e+93%+80%
  • Total Scope 1
  • Year-over-Year Change

What are Gulf Bank KSCP's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Gulf Bank KSCP were 121.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Gulf Bank KSCP reduced its Scope 1 emissions over time?

Since 2022, Gulf Bank KSCP's Scope 1 emissions have increased by 245.69%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Gulf Bank KSCP's Scope 1 emissions increased by 79.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Gulf Bank KSCP's Scope 2 emissions?

In 2024, Gulf Bank KSCP reported Scope 2 greenhouse gas (GHG) emissions of 11,390.21 tCOâ‚‚e without specifying the calculation method.a

Has Gulf Bank KSCP reduced its Scope 2 emissions over time?

Since 2022, Gulf Bank KSCP's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Gulf Bank KSCP's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year(2023), Gulf Bank KSCP's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Gulf Bank KSCP's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Gulf Bank KSCP use for Scope 2 reporting?

In 2024, Gulf Bank KSCP reported its Scope 2 emissions using an unspecified methodology.a

Gulf Bank KSCP's Scope 2 Emissions Over Time

20222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gulf Bank KSCP's Value Chain Emissions

In 2024, Gulf Bank KSCP reported 2.51 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 2024 disclosure of Gulf Bank KSCP includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,down from 4 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Gulf Bank KSCP's Scope 3 Emissions Over Time

20222023202403 k6 k9 k12 ktCO2e+43%-100%
  • Total Scope 3
  • Year-over-Year Change

What are Gulf Bank KSCP's Scope 3 emissions?

In 2024, Gulf Bank KSCP reported total Scope 3 emissions of 2.51 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

Has Gulf Bank KSCP reduced its Scope 3 emissions over time?

Since 2022, Gulf Bank KSCP's Scope 3 emissionshave decreased by 99.96%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Gulf Bank KSCP's Scope 3 emissions decreased by 99.98%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Gulf Bank KSCP disclose?

In 2024, Gulf Bank KSCP reported emissions for 2 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.

What are the main sources of Gulf Bank KSCP's Scope 3 emissions?

In 2024, the largest contributors to Gulf Bank KSCP's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2.15 tCOâ‚‚e(85.66%)
  • Business Travel (Cat. 6): 0.36 tCOâ‚‚e(14.34%)

Gulf Bank KSCP's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(85.7%)Business Travel(Cat. 6)(14.3%)

Insights into Gulf Bank KSCP’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Gulf Bank KSCP reported Scope 1 greenhouse gas (GHG) emissions of 121.89 tCOâ‚‚e and total revenues of USD 647 millions. This translates into an emissions intensity of 0.19 tCOâ‚‚e per millions USD.a

Gulf Bank KSCP's Scope 1 Emissions Intensity Compared to Peers

2205005,000100,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)HSBCBSPD BankYear: 2024Scope 1: 3,200 tCO2eRevenue: $M 23,358Scope 1 Intensity: 0.14 tCO2e/$MBAC Holding InternationalYear: 2024Scope 1: 5,645 tCO2eRevenue: $M 2,875Scope 1 Intensity: 1.96 tCO2e/$MBanco de ChileYear: 2024Scope 1: 3,932 tCO2eRevenue: $M 3,058Scope 1 Intensity: 1.29 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MBanrisulYear: 2024Scope 1: 1,079 tCO2eRevenue: $M 1,366Scope 1 Intensity: 0.79 tCO2e/$MOberbankYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 960Scope 1 Intensity: 1.52 tCO2e/$MOma SaastopankkiYear: 2024Scope 1: 2 tCO2eRevenue: $M 282Scope 1 Intensity: 0.01 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MQnb BankYear: 2024Scope 1: 15,753 tCO2eRevenue: $M 2,865Scope 1 Intensity: 5.50 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MTaiwan Business BankYear: 2023Scope 1: 1,155 tCO2eRevenue: $M 1,039Scope 1 Intensity: 1.11 tCO2e/$MBBBank of QingdaoYear: 2024Scope 1: 158 tCO2eRevenue: $M 1,680Scope 1 Intensity: 0.09 tCO2e/$MBanco ABC BrasilYear: 2024Scope 1: 39 tCO2eRevenue: $M 396Scope 1 Intensity: 0.10 tCO2e/$MCCChina Bohai BankYear: 2024Scope 1: 1,900 tCO2eRevenue: $M 3,757Scope 1 Intensity: 0.51 tCO2e/$MPNC Financial Services GroupYear: 2024Scope 1: 28,268 tCO2eRevenue: $M 20,808Scope 1 Intensity: 1.36 tCO2e/$MBBBank KB IndonesiaYear: 2023Scope 1: 1,962 tCO2eRevenue: $M 91Scope 1 Intensity: 21.55 tCO2e/$MKasikornbankYear: 2024Scope 1: 15,062 tCO2eRevenue: $M 6,092Scope 1 Intensity: 2.47 tCO2e/$MGunma BankYear: 2024Scope 1: 1,402 tCO2eRevenue: $M 1,000Scope 1 Intensity: 1.40 tCO2e/$MSparebank 1 OstlandetYear: 2024Scope 1: 14 tCO2eRevenue: $M 559Scope 1 Intensity: 0.02 tCO2e/$MHong Leong Financial GroupYear: 2025Scope 1: 238 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.14 tCO2e/$MGulf Bank KSCPYear: 2024Scope 1: 122 tCO2eRevenue: $M 647Scope 1 Intensity: 0.19 tCO2e/$M

How does Gulf Bank KSCP's GHG emissions intensity compare to its peers?

In 2024, Gulf Bank KSCP reported a Scope 1 emissions intensity of 0.19 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Gulf Bank KSCP rank on GHG emissions intensity within its industry?

In 2024, Gulf Bank KSCP ranked 8 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Gulf Bank KSCP is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Gulf Bank KSCP's Total Carbon Footprint

In 2024, Gulf Bank KSCP reported a total carbon footprint of 11,514.61 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 47.44% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Gulf Bank KSCP's total carbon footprint was Scope 2 emissions, accounting for 98.92% of the company's total carbon footprint, followed by Scope 1 emissions at 1.06%.a

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