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 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dubai Islamic Bank's reported carbon emissions
In 2024, Dubai Islamic Bank (DIB) reported total carbon emissions of approximately 10,005,480 kg CO2e. This figure includes 185,330 kg CO2e from Scope 1 emissions, 9,039,210 kg CO2e from Scope 2 emissions, and 780,940 kg CO2e from Scope 3 emissions. In comparison, the bank's emissions for 2023 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. DIB has demonstrated a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and sustainability efforts. Overall, DIB's emissions reflect its operational scale, with a significant portion attributed to Scope 2, which typically encompasses indirect emissions from purchased electricity. The bank's ongoing efforts in sustainability are crucial as it navigates the challenges of climate change and aims to enhance its environmental performance in the financial sector.
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| 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 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.
