Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Emirates Nbd
Financial IntermediationUnited Arab EmiratesDFM: EMIRATESNBD.AE
Last verified 2 months agoemiratesnbd.com
Emirates NBD, a leading financial institution headquartered in the United Arab Emirates (AE), has established itself as a key player in the financial intermediation services sector since its founding in 2007. With a strong presence across the Middle East, the bank offers a diverse range of services, including personal banking, corporate banking, investment solutions, and wealth management.
Recognised for its innovative digital banking solutions, Emirates NBD has consistently embraced technology to enhance customer experience. The bank's commitment to excellence is reflected in its numerous accolades, positioning it among the top banks in the region. With a focus on customer-centric services and a robust financial portfolio, Emirates NBD continues to set benchmarks in the financial services industry.
74
DitchCarbon score
+37 vs industry average
Emirates Nbd’s score of 74 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Emirates Nbd?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Emirates Nbd's reported carbon emissions
Emirates NBD, a financial intermediation services company based in the UAE, reported total emissions of approximately 331.1 million kg CO2e in 2024. This included Scope 1 emissions of around 527,380 kg CO2e, Scope 2 emissions of about 31.7 million kg CO2e, and Scope 3 emissions of approximately 298.9 million kg CO2e. Key contributors to Scope 3 emissions were purchased goods and services (approximately 169.9 million kg CO2e) and employee commute (approximately 16.8 million kg CO2e).
Looking ahead to 2025, Emirates NBD 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.
The company has set ambitious climate commitments, aiming for a 5% reduction in Scope 1 and Scope 2 emissions per year until 2027 against a 2023 baseline, and a 30% reduction in Scope 1 and Scope 2 emissions by 2030 against the same baseline. Emirates NBD has also committed to achieving net-zero emissions by 2050, with this commitment registered under the Science Based Targets initiative (SBTi) as a financial institution net-zero commitment. The company's emissions data and reduction initiatives are directly reported by Emirates NBD itself, without cascading from a parent organisation.
Assessing Emirates Nbd as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Emirates Nbd and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
Emirates Nbd’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Emirates Nbd2 months ago
74
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Frequently asked questions
Common questions about Emirates Nbd’s sustainability data and climate commitments
In 2024, Emirates NBD reported total carbon emissions of approximately 331.1 million kg CO2e. The largest portion, around 298.9 million kg CO2e, came from Scope 3 emissions. Scope 2 emissions accounted for about 31.7 million kg CO2e, and Scope 1 emissions were approximately 527,380 kg CO2e. This breakdown highlights the significant impact of Scope 3 activities within the financial services sector, influencing the bank's overall environmental footprint.
Data year: 2024
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more