Emirates Nbd
Emirates NBD, officially known as Emirates National Bank of Dubai, is a leading banking institution headquartered in Dubai, United Arab Emirates (AE). Established in 2007 through the merger of Emirates Bank International and National Bank of Dubai, it has rapidly grown to become one of the largest banks in the Middle East, with a strong presence across the UAE and key markets in the region. Operating primarily in the financial services industry, Emirates NBD offers a comprehensive range of products and services, including retail banking, corporate banking, investment solutions, and wealth management. Its innovative digital banking platform sets it apart, providing customers with seamless access to banking services. Recognised for its commitment to excellence, Emirates NBD has received numerous awards, solidifying its position as a trusted financial partner in the region.
DitchCarbon Score
How does Emirates Nbd'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 Nbd's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Emirates Nbd's reported carbon emissions
In 2024, Emirates NBD reported total carbon emissions of approximately 331,125,930 kg CO2e, with Scope 1 emissions at about 527,380 kg CO2e, Scope 2 emissions at approximately 31,668,140 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 298,930,410 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. In 2023, the bank's emissions were recorded at approximately 377,772,000 kg CO2e globally, with Scope 1 emissions of about 970,000 kg CO2e, Scope 2 emissions at approximately 23,216,000 kg CO2e, and Scope 3 emissions reaching around 353,585,000 kg CO2e. Notably, the emissions data for the UAE specifically showed Scope 1 at about 737,000 kg CO2e and Scope 2 at approximately 23,050,000 kg CO2e. Emirates NBD has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment was formalised in 2023, aligning with the Science Based Targets initiative (SBTi) framework. The bank is actively working towards this goal, with a near-term target status classified as "Committed." The bank's sustainability initiatives include significant energy savings from green buildings and renewable energy projects, contributing to its overall emissions reduction strategy. As a financial institution, Emirates NBD is positioned within the banking sector, which is increasingly focused on sustainable finance and reducing carbon footprints.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 68,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 57,854,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Emirates Nbd is participating in some 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.
