Commercial Bank Of Dubai

Commercial Bank Of Dubai, a financial intermediation services provider headquartered in AE, reported total Scope 1, 2, and 3 emissions of approximately 13,418,000 kg CO2e in 2024. This included about 952,000 kg CO2e from Scope 1 emissions, approximately 7,784,000 kg CO2e from location-based Scope 2 emissions, and around 4,681,000 kg CO2e from Scope 3 emissions.

For 2022, the bank's total Scope 1, 2, and 3 emissions were approximately 26,027,000 kg CO2e. This comprised about 545,000 kg CO2e from Scope 1 emissions (including mobile combustion and fugitive emissions) and approximately 22,142,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity. Scope 3 emissions for 2022 were about 3,340,000 kg CO2e, with significant contributions from employee commute (approximately 2,664,000 kg CO2e) and purchased goods and services (around 540,000 kg CO2e).

Commercial Bank Of Dubai has 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 target to reduce its own operations' GHG emissions by a minimum of 50% by 2030, using 2022 as the baseline year for both Scope 1 and Scope 2 emissions.