DFSA
The Dubai Financial Services Authority (DFSA) is a prominent regulatory body headquartered in the United Arab Emirates (AE), specifically in the Dubai International Financial Centre (DIFC). Established in 2004, DFSA plays a crucial role in overseeing the financial services industry within the DIFC, ensuring compliance with international standards and fostering a secure business environment. DFSA's core functions include licensing, supervision, and enforcement of regulations for a diverse range of financial institutions, including banks, investment firms, and insurance companies. Its unique approach combines robust regulatory frameworks with a commitment to innovation, positioning DFSA as a leader in the financial regulatory landscape. Notable achievements include the establishment of a comprehensive regulatory framework that has attracted numerous global financial firms to the region, solidifying its status as a key player in the Middle East's financial sector.
DitchCarbon Score
How does DFSA'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
DFSA's score of 24 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, DFSA does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The organisation is a current subsidiary of DFS Aviation Services GmbH, which may influence its climate commitments and reporting practices. DFSA has not established any documented reduction targets or climate pledges, nor does it appear to have cascaded any specific science-based targets from its parent organisation, DFS Deutsche Flugsicherung GmbH. This absence of data suggests that DFSA may still be in the early stages of developing its climate strategy or reporting framework. In the context of the aviation industry, where emissions reduction is critical, DFSA's lack of publicly available emissions data and reduction initiatives highlights an opportunity for improvement in transparency and commitment to climate action. As the industry increasingly focuses on sustainability, DFSA may benefit from aligning its practices with broader environmental goals and initiatives.
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| 2022 | |
|---|---|
| Scope 1 | 2,155,530 |
| Scope 2 | 30,556,830 |
| Scope 3 | 9,605,400 |
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.
DFSA is not participating in any of the initiatives that 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.
