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 45 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Emirates Nbd's reported carbon emissions
In 2023, Emirates NBD reported total carbon emissions of approximately 377,772,000 kg CO2e, with emissions distributed across various scopes: 130,710,000 kg CO2e from Scope 1, 1,158,639,000 kg CO2e from Scope 2, and 30,264,792,000 kg CO2e from Scope 3. This reflects a significant commitment to transparency in their carbon footprint. Over the years, Emirates NBD has demonstrated a proactive approach to reducing its carbon emissions. In 2022, the bank's emissions were approximately 337,892,000 kg CO2e, indicating a slight increase in 2023. However, the bank has set ambitious long-term climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitment. This aligns with the global push for financial institutions to take responsibility for their environmental impact. In the UAE, Emirates NBD's emissions for 2023 included 737,000 kg CO2e from Scope 1 and 23,050,000 kg CO2e from Scope 2, showcasing their operational emissions within the region. The bank's ongoing efforts to monitor and reduce its carbon footprint are crucial in the context of the UAE's broader sustainability goals. Overall, Emirates NBD's climate commitments and emissions data reflect a growing awareness and responsibility towards environmental sustainability, positioning the bank as a leader in the financial sector's transition to a low-carbon economy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 367,000 | 000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 81,329,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 8,682,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 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.
