Commercial Bank Of Dubai

Commercial Bank of Dubai, headquartered in the UAE and operating in financial intermediation services, reported approximately 13,418,000 kg CO2e in total emissions for 2024. This included 952,000 kg CO2e from Scope 1, 7,784,000 kg CO2e from Scope 2 (location-based), and 4,681,000 kg CO2e from Scope 3 emissions.

For 2022, the bank reported total emissions of approximately 26,027,000 kg CO2e, comprising 545,000 kg CO2e from Scope 1, 22,142,000 kg CO2e from Scope 2 (purchased electricity), and 3,340,000 kg CO2e from Scope 3 emissions. No specific emissions data is available for 2023.

Commercial Bank of Dubai is committed to achieving carbon neutrality for its own operations and supply chain by 2030, in line with the UAE's climate strategy. This commitment includes a near-term target to reduce its Scope 1 and Scope 2 operational GHG emissions by a minimum of 50% by 2030, using a 2022 baseline year.