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.
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.
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 Islamic Bank's score of 25 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Abu Dhabi Islamic Bank (ADIB) reported total carbon emissions of approximately 13,933,000 kg CO2e, with Scope 1 emissions at about 523,000 kg CO2e, Scope 2 emissions at around 13,310,000 kg CO2e, and Scope 3 emissions from business travel at about 100,000 kg CO2e. In 2022, the bank's emissions were approximately 13,917,000 kg CO2e, with Scope 1 emissions of about 1,479,000 kg CO2e, Scope 2 emissions of approximately 12,367,000 kg CO2e, and Scope 3 emissions from business travel at around 71,000 kg CO2e. ADIB has shown a significant reduction in emissions from 2020, where total emissions were reported at approximately 21,158,000 kg CO2e. This indicates a positive trend towards reducing their carbon footprint. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by ADIB. The bank's commitment to addressing climate change is evident through its emissions reporting, but further details on strategic initiatives or targets would provide a clearer picture of its long-term climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 198,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | 1,656,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 234,000 | 000,000 | 000,000 | 00,000 | - | - |
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 Islamic Bank is not committed to any reduction initiatives 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.