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.
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.
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.
DFSA's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Dubai Financial Services Authority (DFSA), headquartered in the United Arab Emirates, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions data, it is challenging to assess their carbon footprint or the scope of their emissions (Scope 1, 2, or 3). However, the DFSA is committed to enhancing sustainability within the financial sector, aligning with broader industry trends towards climate responsibility. As the regulatory body for financial services in the Dubai International Financial Centre, the DFSA plays a crucial role in promoting environmental stewardship among financial institutions. Further details on their climate commitments or specific initiatives may be forthcoming as the organisation continues to develop its sustainability framework.
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 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.