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.
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.
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.
Dubai Islamic Bank's score of 45 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Dubai Islamic Bank reported total carbon emissions of approximately 9,039,210 kg CO2e, comprising 185,330 kg CO2e from Scope 1, 8,838,800 kg CO2e from Scope 2, and 780,940 kg CO2e from Scope 3 emissions. This represents a slight increase in emissions compared to 2023, where total emissions were about 8,070,000 kg CO2e, with Scope 1 at 228,430 kg CO2e, Scope 2 at 7,762,900 kg CO2e, and Scope 3 at 78,620 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to monitor and report its emissions across all three scopes, indicating a commitment to transparency in its environmental impact. As part of its sustainability strategy, Dubai Islamic Bank is likely to focus on improving its emissions profile in future reporting periods.
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 |
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 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.