Emirates Development Bank (EDB)
Emirates Development Bank (EDB), headquartered in the United Arab Emirates (AE), is a pivotal financial institution dedicated to supporting the growth of the UAE's economy. Established in 2011, EDB focuses on key sectors such as manufacturing, technology, and infrastructure, providing tailored financial solutions to businesses across the nation. With a commitment to fostering innovation and sustainability, EDB offers a range of services, including loans, guarantees, and advisory support, uniquely designed to empower small and medium-sized enterprises (SMEs) and large corporations alike. The bank has achieved significant milestones, positioning itself as a leader in the development banking sector, and plays a crucial role in driving the UAE's economic diversification efforts.
DitchCarbon Score
How does Emirates Development Bank (EDB)'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
Emirates Development Bank (EDB)'s score of 0 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Emirates Development Bank (EDB)'s reported carbon emissions
Emirates Development Bank (EDB), headquartered in the United Arab Emirates (AE), currently does not have publicly available carbon emissions data for the most recent year. As a result, specific figures regarding their Scope 1, 2, or 3 emissions are not provided. In the absence of detailed emissions data, it is important to note that EDB is committed to addressing climate change and enhancing sustainability within its operations. However, no specific reduction targets or initiatives have been disclosed, indicating a potential area for future development in their environmental strategy. As the financial sector increasingly prioritises climate commitments, EDB's future actions in this domain will be crucial for aligning with industry standards and contributing to broader climate goals.
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.
Emirates Development Bank (EDB) 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.
