Emirates Nbd

Emirates NBD, a financial intermediation services company headquartered in the UAE, reported total emissions of approximately 247.5 million kg CO2e in 2024. This includes about 757,780 kg CO2e from Scope 1 emissions, approximately 36.3 million kg CO2e from Scope 2 emissions, and around 199.8 million kg CO2e from Scope 3 emissions.

For 2023, Emirates NBD's total emissions were approximately 377.8 million kg CO2e, comprising about 970,000 kg CO2e for Scope 1, approximately 23.2 million kg CO2e for Scope 2, and around 353.6 million kg CO2e for Scope 3.

Looking ahead to 2025, the company projects Scope 1 emissions of approximately 1.9 million kg CO2e, Scope 2 emissions of about 31.6 million kg CO2e, and Scope 3 business travel emissions of around 4.8 million kg CO2e.

Emirates NBD has committed to significant climate actions, aiming for a 5% reduction in Scope 1 and Scope 2 emissions per year until 2027 against a 2023 baseline. They also target a 30% reduction in Scope 1 and Scope 2 emissions by 2030, also against a 2023 baseline. The company has a long-term goal of achieving Net-Zero emissions by 2050, as committed through the Science Based Targets initiative (SBTi).