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.
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.
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.
Abu Dhabi Commercial Bank's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Abu Dhabi Commercial Bank (ADCB) reported total carbon emissions of approximately 24,845,000 kg CO2e. This figure includes Scope 1 emissions of about 331,000 kg CO2e, Scope 2 emissions of approximately 1,674,000 kg CO2e, and Scope 3 emissions of around 7,772,000 kg CO2e. The bank's emissions data is cascaded from its parent company, Abu Dhabi Commercial Bank PJSC, reflecting its commitment to transparency in environmental reporting. Comparatively, in 2022, ADCB's total emissions were about 26,868,000 kg CO2e, indicating a slight reduction in emissions year-on-year. The bank has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for further commitment to measurable climate action. ADCB's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which often represents a significant portion of total emissions for financial institutions. The bank's ongoing efforts in sustainability and climate responsibility are crucial as it navigates the evolving landscape of environmental accountability.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.