Saudi Awwal Bank SJSC

Common Name
Saudi Awwal Bank
Country
Saudi Arabia
Sector
Financial Services
Industry
Banks - Regional
Employees
4,470
Ticker
1060
Exchange
SAUDI STOCK EXCHANGE
Description
Saudi Awwal Bank, a banking institution, plays a pivotal role in Saudi Arabia's financial sector by offering a comprehensive range of commercial and personal banking services. Known for its diverse po...

Saudi Awwal Bank's GHG Emissions Data Preview

In 2023, Saudi Awwal Bank 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).

Saudi Awwal Bank has also provided a category-level breakdown for 7 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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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Saudi Awwal Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Saudi Awwal Bank amounted to 55,480 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Saudi Awwal Bank increased by 35.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Saudi Awwal Bank's Scope 1 Emissions Over Time

2022202304.5 k9 k13.5 k18 ktCO2e+242%
  • Total Scope 1
  • Year-over-Year Change

What are Saudi Awwal Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Saudi Awwal Bank were 16,232 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Saudi Awwal Bank's Scope 1 emissions increased by 241.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Saudi Awwal Bank's Scope 2 emissions?

In 2023, Saudi Awwal Bank reported Scope 2 greenhouse gas (GHG) emissions of 39,248 tCOâ‚‚e using the location-based method.

Has Saudi Awwal Bank reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Saudi Awwal Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Saudi Awwal Bank 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Saudi Awwal Bank use for Scope 2 reporting?

In 2023, Saudi Awwal Bank reported its Scope 2 emissions using the location-based method.

Saudi Awwal Bank's Scope 2 Emissions Over Time

20222023010 k20 k30 k40 ktCO2e
  • Total Scope 2 Location-Based

Insights into Saudi Awwal Bank's Value Chain Emissions

In 2023, Saudi Awwal Bank reported 547,069 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Saudi Awwal Bank includes a breakdown across 7 of 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.

Saudi Awwal Bank's Scope 3 Emissions Over Time

202220230150 k300 k450 k600 ktCO2e+6%
  • Total Scope 3
  • Year-over-Year Change

What are Saudi Awwal Bank's Scope 3 emissions?

In 2023, Saudi Awwal Bank reported total Scope 3 emissions of 547,069 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2022), Saudi Awwal Bank's Scope 3 emissions remained relatively stable, indicating that Saudi Awwal Bank 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Saudi Awwal Bank disclose?

In 2023, Saudi Awwal Bank reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Saudi Awwal Bank's Scope 3 emissions?

In 2023, the largest contributors to Saudi Awwal Bank's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 455,464 tCOâ‚‚e (83.26%)
  • Capital Goods (Cat. 2): 51,293 tCOâ‚‚e (9.38%)
  • Upstream Transportation and Distribution (Cat. 4): 19,903 tCOâ‚‚e (3.64%)

Saudi Awwal Bank's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.6%)Purchased Goods andServices (Cat. 1)(83.3%)Capital Goods(Cat. 2)(9.4%)

Insights into Saudi Awwal Bank's Total Carbon Footprint

In 2023, Saudi Awwal Bank reported a total carbon footprint of 602,549 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.3% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Saudi Awwal Bank's total carbon footprint was Scope 3 emissions, accounting for 90.79% of the company's total carbon footprint, followed by Scope 2 emissions at 6.51%.

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