Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank's reported carbon emissions

**Abu Dhabi Islamic Bank (ADIB) Carbon Emissions and Climate Commitments** For the 2024 reporting year, Abu Dhabi Islamic Bank (ADIB) reported total greenhouse gas emissions of approximately 13.9 million kg CO2e. This figure includes Scope 1 emissions of approximately 190,820 kg CO2e, Scope 2 emissions of approximately 12.9 million kg CO2e, and Scope 3 emissions of approximately 253,000 kg CO2e. In 2023, ADIB's total emissions were approximately 13.9 million kg CO2e, comprising approximately 523,000 kg CO2e for Scope 1 and approximately 13.3 million kg CO2e for Scope 2. For the 2022 reporting year, ADIB's total emissions stood at approximately 13.9 million kg CO2e, with Scope 1 emissions at approximately 1.48 million kg CO2e and Scope 2 emissions at approximately 12.37 million kg CO2e. Looking back, ADIB reported total emissions of approximately 20.6 million kg CO2e in 2021, primarily driven by Scope 2 emissions of approximately 20.1 million kg CO2e. In 2020, total Scope 1 and 2 emissions were approximately 21.4 million kg CO2e, with Scope 2 accounting for approximately 21 million kg CO2e. In 2019, total emissions were approximately 6.6 million kg CO2e, with Scope 1 at about 202,000 kg CO2e and Scope 2 at about 6.3 million kg CO2e. ADIB has established ambitious climate targets. The bank is committed to achieving net zero operational emissions by 2050, aligning with the UAE's Net Zero 2050 strategic initiative and global climate objectives. Additionally, ADIB aims for a 39% reduction in particularly intensive emissions (PEI) by 2030, targeting a decrease to 35 kg CO2e per square metre. The bank also expects its decarbonisation roadmap to facilitate a 43% reduction in carbon emissions by 2030, compared to a 2023 baseline, a target which encompasses Scope 1 and Scope 2 emissions. ADIB Egypt has a specific target for a 42% reduction in Scope 1 and 2 emissions by 2030, compared to a 2022 baseline.