Qatar International Islamic Bank (Q.P.S.C), commonly referred to as QIIB, is a leading financial institution headquartered in Doha, Qatar. Established in 1990, QIIB has made significant strides in the Islamic banking sector, offering a comprehensive range of Sharia-compliant financial products and services. The bank operates primarily in Qatar, with a growing presence in the wider Gulf Cooperation Council (GCC) region. Specialising in retail banking, corporate banking, and investment services, QIIB distinguishes itself through innovative solutions tailored to meet the diverse needs of its clientele. Notable achievements include its strong market position as one of Qatar's top Islamic banks, recognised for its commitment to customer service and financial stability. With a focus on ethical banking practices, QIIB continues to play a pivotal role in the development of Qatar's financial landscape.
How does Qatar International Islamic Bank (Q.P.S.C)'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.
Mean score of companies in the 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.
Qatar International Islamic Bank (Q.P.S.C)'s score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Qatar International Islamic Bank (Q.P.S.C) reported a greenhouse gas (GHG) intensity of approximately 76,000 kg CO2e per full-time equivalent (FTE). This figure reflects the bank's operational impact, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The previous years show a GHG intensity of about 69,000 kg CO2e per FTE in 2019 and approximately 93,000 kg CO2e per FTE in 2018, indicating a potential trend towards improved efficiency. Currently, Qatar International Islamic Bank has not established any formal reduction targets or climate pledges, which may limit its ability to demonstrate a proactive stance in addressing climate change. The absence of specific emissions data and reduction initiatives suggests that the bank is in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, Qatar International Islamic Bank may benefit from setting clear emissions reduction goals and engaging in climate commitments to enhance its environmental performance and reputation.
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.
Qatar International Islamic Bank (Q.P.S.C) 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.