Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank (ADCB), headquartered in Abu Dhabi, United Arab Emirates, is a leading financial institution in the Middle East. Established in 1985, ADCB has grown to become one of the largest banks in the region, offering a comprehensive range of banking services, including retail, corporate, and investment banking. With a strong focus on innovation, ADCB provides unique products such as its digital banking solutions and tailored financial services, catering to both individual and business clients. The bank has achieved significant milestones, including numerous awards for excellence in customer service and digital transformation. As a key player in the UAE banking sector, ADCB continues to enhance its market position through strategic initiatives and a commitment to sustainable growth.
DitchCarbon Score
How does Abu Dhabi Commercial 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 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
Abu Dhabi Commercial Bank's score of 44 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Abu Dhabi Commercial Bank's reported carbon emissions
In 2023, Abu Dhabi Commercial Bank (ADCB) reported total carbon emissions of approximately 24,845,000 kg CO2e in the United Arab Emirates (AE). This figure includes 331,000 kg CO2e from Scope 1 emissions, 16,740,000 kg CO2e from Scope 2 emissions, and 7,772,000 kg CO2e from Scope 3 emissions. Over the years, ADCB has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were about 22,143,000 kg CO2e, indicating a slight increase in 2023. The bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further clarity on its long-term climate strategy. Historically, ADCB's emissions have fluctuated, with a notable total of 31,720,000 kg CO2e reported in 2019. The bank's emissions profile includes significant contributions from purchased electricity (Scope 2) and upstream activities (Scope 3), highlighting areas for potential improvement in sustainability practices. As ADCB continues to navigate its environmental impact, ongoing transparency and commitment to climate action will be essential for aligning with global sustainability goals.
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| 2010 | 2011 | 2012 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 9,639,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
Abu Dhabi Commercial 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.
