Emirates Nbd Sustainability Profile
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 69 is higher than 82% 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. This figure includes 527,380 kg CO2e from Scope 1 emissions, 31,668,140 kg CO2e from Scope 2 emissions, and a significant 298,930,410 kg CO2e from Scope 3 emissions. The bank has committed to achieving net-zero emissions across all scopes by 2050, with a near-term target set for 2023, as part of its Science Based Targets initiative (SBTi) commitments. In 2023, Emirates NBD's emissions were reported at approximately 14,246,000 kg CO2e, with Scope 1 emissions at 589,000 kg CO2e, Scope 2 emissions at 23,216,000 kg CO2e, and Scope 3 emissions reaching 353,585,000 kg CO2e. The bank has shown a proactive approach to sustainability, focusing on reducing its carbon footprint through various initiatives, including sustainable financing and energy-efficient practices. Emirates NBD's emissions data is not cascaded from any parent organization, ensuring that the reported figures reflect its direct operational impact. The bank's commitment to sustainability is further demonstrated through its initiatives aimed at promoting green buildings and renewable energy, contributing to an estimated annual avoided emissions of about 92,122 kg CO2e. Overall, Emirates NBD is actively working towards its climate commitments, with a clear strategy to reduce its carbon emissions and contribute to a more sustainable future.
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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 |
How Carbon Intensive is Emirates Nbd's Industry?
How Carbon Intensive is Emirates Nbd's Location?
Emirates Nbd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Emirates Nbd has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Emirates Nbd's sustainability data and climate commitments