As of 2025, Riyad Bank has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based 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 Riyad Bank's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2035 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | -4%a | 2030 |
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As of 2025, Riyad 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
As of 2025, Riyad Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Riyad Bank's most ambitious operational target is to reduce these emissions by 90% by 2035, compared to a baseline of 71,519 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
As of 2025, Riyad Bank is lagging behind on its operational emissions reduction target, having achieved 4.04% of the planned reduction.a
As of 2025, Riyad 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
Riyad Bank's most ambitious value chain target is to reduce these emissions by 3.63% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2023.a
Instead of reducing value chain emissions, Riyad Bank has increased them, with 2025 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.a