Commercial Bank Of Dubai
The Commercial Bank of Dubai (CBD), headquartered in the United Arab Emirates (AE), is a prominent player in the banking industry, offering a comprehensive range of financial services. Established in 1969, CBD has grown to become a trusted institution, serving both individual and corporate clients across the UAE and beyond. With a focus on retail banking, corporate banking, and investment services, CBD distinguishes itself through innovative products and customer-centric solutions. The bank's commitment to digital transformation has positioned it as a leader in the region, enhancing customer experience and operational efficiency. Recognised for its strong market presence, CBD has achieved numerous accolades, reflecting its dedication to excellence and sustainable growth in the competitive banking landscape.
DitchCarbon Score
How does Commercial Bank Of Dubai'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Commercial Bank Of Dubai's score of 24 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Commercial Bank Of Dubai's reported carbon emissions
In 2022, the Commercial Bank of Dubai reported total carbon emissions of approximately 26,027,000 kg CO2e. This figure includes Scope 1 emissions of about 545,000 kg CO2e, primarily from mobile combustion (24,000 kg CO2e) and fugitive emissions (522,000 kg CO2e). Scope 2 emissions, derived from purchased electricity, accounted for approximately 22,142,000 kg CO2e. Additionally, Scope 3 emissions totalled around 3,340,000 kg CO2e, with significant contributions from employee commuting (approximately 2,664,000 kg CO2e) and business travel (135,000 kg CO2e). For 2024, the bank's emissions data indicates a notable increase in Scope 1 emissions to about 9,051,000 kg CO2e and a slight rise in Scope 2 emissions to approximately 2,251,000 kg CO2e. However, Scope 3 emissions surged to around 25,237,000 kg CO2e, reflecting a substantial rise in the bank's overall carbon footprint. Currently, the Commercial Bank of Dubai has not disclosed specific reduction targets or initiatives, nor have they committed to any climate pledges. This lack of defined climate commitments places the bank within a broader industry context where many financial institutions are increasingly focusing on sustainability and carbon reduction strategies.
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Add to project| 2022 | 2024 | |
|---|---|---|
| Scope 1 | 545,000 | 0,000,000 |
| Scope 2 | 22,142,000 | 0,000,000 |
| Scope 3 | 3,340,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Commercial Bank Of Dubai 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.
