Abu Dhabi Islamic Bank
Abu Dhabi Islamic Bank (ADIB), headquartered in the United Arab Emirates, is a leading financial institution in the Islamic banking sector. Established in 1997, ADIB has grown significantly, offering a comprehensive range of Sharia-compliant banking products and services tailored to meet the needs of both individual and corporate clients. With a strong presence in the UAE and expanding operations across the Middle East and North Africa, ADIB is renowned for its innovative solutions, including personal finance, home loans, and investment services. The bank's commitment to customer service and ethical banking practices has positioned it as a trusted choice in the industry. Notable achievements include multiple awards for excellence in Islamic finance, underscoring its market leadership and dedication to sustainable growth.
DitchCarbon Score
How does Abu Dhabi Islamic 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 Islamic Bank's score of 36 is higher than 87% 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 Islamic Bank's reported carbon emissions
In 2023, Abu Dhabi Islamic Bank (ADIB) reported total carbon emissions of approximately 13,933,000 kg CO2e in the UAE, with Scope 1 emissions at about 523,000 kg CO2e and Scope 2 emissions at approximately 13,310,000 kg CO2e. Additionally, the bank recorded Scope 3 emissions of around 100,000 kg CO2e from business travel. ADIB has set ambitious targets to reduce its carbon footprint, aiming for a 42% reduction in Scope 1 and 2 emissions by 2030, with the commitment established in 2022. This initiative reflects the bank's dedication to sustainability and aligns with global climate action efforts. The bank's emissions data highlights its significant reliance on purchased electricity, which constitutes the majority of its carbon emissions. As part of its climate commitments, ADIB is actively working towards achieving these reduction targets while enhancing its overall sustainability practices.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,331,644,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 2,311,114,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 3,064,540,000 | 000,000 | 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 Islamic 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.
