Abu Dhabi Commercial Bank Sustainability Profile
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 40 is higher than 60% 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 22,987,000 kg CO2e globally, with emissions from Scope 1 at about 644,000 kg CO2e, Scope 2 at approximately 15,048,000 kg CO2e, and Scope 3 at around 7,294,000 kg CO2e. In the United Arab Emirates (AE), the bank's total emissions were about 24,845,000 kg CO2e, comprising 331,000 kg CO2e from Scope 1, 1,674,000 kg CO2e from Scope 2, and 7,772,000 kg CO2e from Scope 3. ADCB has not disclosed specific reduction targets or initiatives as part of its climate commitments. The emissions data is cascaded from its parent company, Abu Dhabi Commercial Bank PJSC, indicating a corporate family relationship. The bank's emissions reporting adheres to industry standards, reflecting its commitment to transparency in environmental impact.
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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 |
How Carbon Intensive is Abu Dhabi Commercial Bank's Industry?
How Carbon Intensive is Abu Dhabi Commercial Bank's Location?
Abu Dhabi Commercial Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Abu Dhabi Commercial Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
