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.
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.
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.
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.
In 2023, Emirates NBD reported total carbon emissions of approximately 37,777,200 kg CO2e globally, with 130,710,000 kg CO2e from Scope 1 and 1,158,639,000 kg CO2e from Scope 2 emissions. In the UAE, the bank's emissions for the same year were about 23,050,000 kg CO2e from Scope 2 and 737,000 kg CO2e from Scope 1. The bank has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects Emirates NBD's dedication to reducing its carbon footprint and addressing climate change. The bank's emissions data indicates a proactive approach to sustainability, with a focus on reducing both direct and indirect emissions. Emirates NBD's climate commitments are part of a broader trend within the financial sector, where institutions are increasingly recognising the importance of environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.