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Public Profile
Financial Intermediation
AE
updated 4 days ago

Abu Dhabi Commercial Bank

Company website

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.

40

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.

30

Industry Benchmark

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.

62%

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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. 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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20102011201220192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Abu Dhabi Commercial Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Abu Dhabi Commercial Bank is in AE, which has a medium grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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