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 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, 1,674,000 kg CO2e from Scope 2 emissions, and 7,772,000 kg CO2e from Scope 3 emissions. The bank's global emissions for the same year were about 22,987,000 kg CO2e, with Scope 1 emissions at 644,000 kg CO2e, Scope 2 at 15,048,000 kg CO2e, and Scope 3 at 7,294,000 kg CO2e. ADCB has not set specific reduction targets or initiatives as part of its climate commitments, and there are no disclosed SBTi (Science Based Targets initiative) reduction targets. The emissions data is cascaded from its parent company, Abu Dhabi Commercial Bank PJSC, reflecting the bank's commitment to transparency in its environmental impact reporting. Over the past few years, ADCB's emissions have fluctuated, with a notable decrease from 28,168,000 kg CO2e in 2021 to the current figures in 2023. This trend indicates a potential focus on improving operational efficiency and reducing carbon footprints, although specific strategies or initiatives have not been detailed. Overall, ADCB's emissions data highlights its ongoing efforts to monitor and report on its carbon footprint, aligning with industry standards for climate accountability.
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| 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 116,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 9,639,000 | 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 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.
