First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, is headquartered in Abu Dhabi. Established in 2017 through the merger of First Gulf Bank and National Bank of Abu Dhabi, FAB has rapidly positioned itself as a leader in the banking industry, serving both retail and corporate clients across the UAE and internationally. FAB offers a comprehensive range of financial services, including personal banking, corporate banking, investment solutions, and wealth management. Its innovative digital banking platform sets it apart, providing customers with seamless access to banking services. With a strong focus on customer experience and sustainability, FAB has achieved numerous accolades, reinforcing its status as a trusted financial partner in the region.
How does First Abu Dhabi 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.
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.
First Abu Dhabi Bank's score of 41 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, First Abu Dhabi Bank (FAB) reported total carbon emissions of approximately 40,671,000 kg CO2e. This figure includes 5,637,000 kg CO2e from Scope 1 emissions, 32,522,000 kg CO2e from Scope 2 emissions, and 2,512,000 kg CO2e from Scope 3 emissions. Over the years, FAB has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were about 44,853,000 kg CO2e, indicating a reduction in emissions in 2023. The bank's emissions have decreased from approximately 45,231,000 kg CO2e in 2019 and 40,671,000 kg CO2e in 2020, showcasing a trend towards lower emissions. Despite these reductions, there are currently no specific reduction targets or climate pledges documented for FAB. The bank's emissions data reflects its ongoing efforts to manage and mitigate its environmental impact, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 963,500 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 53,676,440 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 6,369,300 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
First Abu Dhabi Bank is not committed to any reduction initiatives 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.