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 13 is higher than 78% 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 reported total carbon emissions of approximately 8,070,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 228,430 kg CO2e, while Scope 2 emissions accounted for approximately 7,762,900 kg CO2e. Scope 3 emissions, primarily from business travel, were around 78,620 kg CO2e. Comparatively, in 2022, the bank's total emissions were about 6,036,200 kg CO2e, indicating a significant increase in emissions year-on-year. The breakdown for 2022 showed Scope 1 emissions at approximately 284,400 kg CO2e, Scope 2 emissions at about 5,751,800 kg CO2e, and Scope 3 emissions at around 61,300 kg CO2e. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Dubai Islamic Bank. The bank's emissions data reflects its operational impact, but without specific reduction initiatives or commitments, the future trajectory of its carbon footprint remains uncertain.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 227,300 | 000,000 | 000,000 |
| Scope 2 | 2,845,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,000 | 00,000 | 00,000 |
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.
