Public Profile

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.

45

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.

13

Industry Benchmark

Emirates Nbd's score of 45 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Emirates Nbd's reported carbon emissions

In 2023, Emirates NBD reported total carbon emissions of approximately 377,772,000 kg CO2e, comprising 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 emissions. This reflects a significant commitment to addressing climate change, as the bank has set a long-term target to achieve net-zero emissions by 2050, covering all scopes of emissions. In 2022, the bank's global emissions were about 337,892,000 kg CO2e, with Scope 1 emissions at 208,353,000 kg CO2e, Scope 2 at 3,088,996,000 kg CO2e, and Scope 3 at 32,216,216,000 kg CO2e. The data indicates a proactive approach to reducing emissions over the years, with a notable decrease in total emissions from 2021, when they were approximately 276,391,000 kg CO2e. Emirates NBD is committed to the Science Based Targets initiative (SBTi) and has pledged to achieve net-zero emissions by 2050. This commitment underscores the bank's dedication to sustainability and its role in the financial sector's transition towards a low-carbon economy.

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Add to project
2017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Emirates Nbd's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Emirates Nbd is headquartered in AE, which has a rank of medium, indicating medium grid carbon 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 committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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