Public Profile

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.

41

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.

27

Industry Benchmark

Abu Dhabi Islamic Bank's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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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 United Arab Emirates (AE). This figure includes 523,000 kg CO2e from Scope 1 emissions, primarily from direct fuel combustion, and 13,310,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. Additionally, Scope 3 emissions, specifically from business travel, accounted for 100,000 kg CO2e. ADIB has set ambitious targets to reduce its carbon footprint, aiming for a 42% reduction in both Scope 1 and Scope 2 emissions by 2030. This commitment reflects the bank's dedication to sustainability and aligns with global climate initiatives. The reduction targets were established in 2022, with a completion date set for 2030, demonstrating a proactive approach to mitigating climate impact. Overall, ADIB's emissions data and reduction commitments highlight its role in addressing climate change while promoting sustainable banking practices in the region.

Unlock detailed emissions data

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

2017201820192020202120222023
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
0,000,000,000
0,000,000,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
3,064,540,000
0,000,000,000
0,000,000,000
00,000
-
0,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Abu Dhabi Islamic 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 Islamic 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 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.

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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