Abu Dhabi Islamic Bank (ADIB) is a leading financial institution headquartered in Abu Dhabi, United Arab Emirates. Established in 1997, ADIB has grown to become a prominent player in the Islamic banking sector, offering a comprehensive range of Sharia-compliant financial products and services. The bank operates extensively across the UAE and has a significant presence in key international markets. ADIB's core offerings include personal banking, corporate banking, investment services, and wealth management, all designed to meet the diverse needs of its customers. The bank is recognised for its innovative approach to Islamic finance, providing unique solutions that adhere to Islamic principles while ensuring customer satisfaction. With numerous awards for excellence in banking services, ADIB continues to solidify its position as a trusted leader in the Islamic banking industry.
How does ADIB'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.
ADIB's score of 31 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ADIB reported total carbon emissions of approximately 13,836,000 kg CO2e, comprising 523,000 kg CO2e from Scope 1, 13,310,000 kg CO2e from Scope 2, and 100,000 kg CO2e from Scope 3 emissions. This marks a significant reduction from previous years, particularly from 2022, when total emissions were about 17,566,800 kg CO2e. Over the years, ADIB has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's emissions were approximately 17,566,800 kg CO2e, with Scope 1 emissions at 1,479,000 kg CO2e and Scope 2 at 12,367,000 kg CO2e. The trend shows a consistent decrease in emissions, particularly in Scope 2, which is indicative of efforts to enhance energy efficiency and transition to cleaner energy sources. Despite the absence of specific reduction targets or climate pledges, ADIB's ongoing efforts to monitor and report emissions reflect a proactive approach to climate responsibility. The bank's emissions intensity metrics, such as GHG emissions per employee, further illustrate its commitment to sustainability and reducing environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 1,331,644,000 | 0,000,000,000 | 0,000,000,000 | 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 | 00,000,000 |
Scope 3 | 3,064,540,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | 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.
ADIB 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.