environmental performance

During the past year, alrajhi bank took the significant step of collating and calculating its greenhouse gas emissions, in an effort to manage its carbon footprint more holistically. In the year 2024, the bank’s cumulative greenhouse gas emissions were 50,231.26 MTCO2e, with intensity being 5.56 MTCO2e/employee, with Scope 1 emissions primarily originating from the use of refrigerants, fire extinguishers, fuel consumption by diesel generators and company-owned petrol vehicles. The bank’s Scope 2 emissions were predominantly driven by electricity consumption. Given below is a breakdown of greenhouse gas emissions for the year 2024 by scope and category:

The bank has adhered to the guidelines set by the GHG Corporate Accounting and Reporting Standard (GHG Protocol). The operational boundary considered includes the bank’s owned and leased assets in Malaysia, Kuwait, Jordan and Saudi Arabia, where it currently operates ATMs and bank branches.