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