Dubai Islamic Bank
Dubai Islamic Bank (DIB), headquartered in the United Arab Emirates (AE), is a leading financial institution in the Islamic banking sector. Established in 1975, DIB has played a pivotal role in shaping the Islamic finance landscape, offering a diverse range of Sharia-compliant products and services. With a strong presence in the UAE and significant operations across the Middle East, DIB provides retail, corporate, and investment banking solutions. Its core offerings include personal finance, home finance, and business banking, distinguished by their adherence to Islamic principles. Recognised for its innovative approach, Dubai Islamic Bank has achieved numerous accolades, solidifying its position as a market leader in Islamic finance. The bank's commitment to customer service and ethical banking practices continues to drive its growth and reputation in the industry.
DitchCarbon Score
How does Dubai Islamic Bank'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
Dubai Islamic Bank's score of 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dubai Islamic Bank's reported carbon emissions
In 2023, Dubai Islamic Bank (DIB) reported total carbon emissions of approximately 8,070,000 kg CO2e. This figure includes 228,430 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 7,762,900 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions accounted for about 78,620 kg CO2e, primarily from business travel. In 2022, DIB's total emissions were approximately 6,036,200 kg CO2e, with Scope 1 emissions at 284,400 kg CO2e, Scope 2 emissions at 5,751,800 kg CO2e, and Scope 3 emissions at 61,300 kg CO2e. The bank's emissions increased from 2021, where total emissions were about 3,092,300 kg CO2e, comprising 227,300 kg CO2e from Scope 1, 2,845,000 kg CO2e from Scope 2, and 20,000 kg CO2e from Scope 3. Despite the increase in emissions, DIB has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The bank's commitment to sustainability is evident, but further details on its climate strategies or pledges remain unspecified.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 227,300 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,845,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,000 | 00,000 | 00,000 | 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.
Dubai Islamic Bank 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.
