Commercial Bank Of Dubai Sustainability Profile
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 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.
Industry Benchmark
Commercial Bank Of Dubai's score of 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Commercial Bank Of Dubai's reported carbon emissions
In 2024, the Commercial Bank of Dubai (CBD) reported total carbon emissions of approximately 13,418,000 kg CO2e. This figure includes Scope 1 emissions of about 952,000 kg CO2e, Scope 2 emissions of approximately 7,784,000 kg CO2e, and Scope 3 emissions totalling around 4,681,000 kg CO2e. CBD has set ambitious climate commitments, aiming for carbon neutrality across its operations and supply chain by 2030. This commitment includes a target to reduce greenhouse gas (GHG) emissions from its operations by at least 50% from a 2022 baseline. The bank's 2022 emissions were reported at approximately 26,027,000 kg CO2e, which provides a clear benchmark for their reduction efforts. The bank's initiatives align with the UAE's climate strategy, demonstrating a proactive approach to sustainability and environmental responsibility. As of now, there are no emissions data cascaded from a parent organization, and all reported figures are directly from the Commercial Bank of Dubai PSC.
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| 2022 | 2024 | |
|---|---|---|
| Scope 1 | 545,000 | 000,000 |
| Scope 2 | 22,142,000 | 0,000,000 |
| Scope 3 | 3,340,000 | 0,000,000 |
How Carbon Intensive is Commercial Bank Of Dubai's Industry?
How Carbon Intensive is Commercial Bank Of Dubai's Location?
Commercial Bank Of Dubai's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Commercial Bank Of Dubai has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
