Bahrain Islamic Bank
Bahrain Islamic Bank (BISB), headquartered in the Kingdom of Bahrain (BH), is a prominent player in the Islamic banking sector. Established in 1979, BISB has consistently evolved, marking significant milestones in providing Sharia-compliant financial solutions. The bank primarily operates in Bahrain and the wider Gulf Cooperation Council (GCC) region, focusing on retail banking, corporate finance, and investment services. BISB offers a range of unique products, including personal finance, home financing, and investment accounts, all designed to meet the diverse needs of its clientele while adhering to Islamic principles. With a strong market position, BISB is recognised for its commitment to innovation and customer service, making it a trusted choice for individuals and businesses seeking ethical banking solutions.
DitchCarbon Score
How does Bahrain Islamic Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bahrain Islamic Bank's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bahrain Islamic Bank's reported carbon emissions
In 2024, Bahrain Islamic Bank (BISB) reported total carbon emissions of approximately 2,638,310,000 kg CO2e. This figure includes Scope 1 emissions of about 13,390,000 kg CO2e, Scope 2 emissions of approximately 2,617,590,000 kg CO2e, and Scope 3 emissions of around 7,330,000 kg CO2e. The bank's emissions have shown a significant increase from 2023, when total emissions were about 1,914,970,000 kg CO2e, with Scope 1 at 6,060,000 kg CO2e and Scope 2 at 1,908,910,000 kg CO2e. BISB has set ambitious reduction targets, aiming to decrease its operational emissions by 5% annually for both Scope 1 and Scope 2 emissions from 2024 to 2025. This initiative is part of their broader energy management strategy, which includes exploring greater use of renewable energy sources. The emissions data is cascaded from Bahrain Islamic Bank B.S.C., reflecting the bank's commitment to transparency and accountability in its climate impact. The bank's total greenhouse gas emissions intensity is reported at approximately 7,330 kg CO2e per full-time equivalent (FTE) for 2024, indicating a focus on improving operational efficiency alongside emissions reductions.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 1,649,460 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bahrain Islamic Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
