Fidelity Bank PLC
Fidelity Bank PLC, a prominent financial institution headquartered in Nigeria, has established itself as a key player in the banking industry since its inception in 1988. With a strong presence across major operational regions, including Lagos, Abuja, and Port Harcourt, the bank offers a diverse range of services tailored to meet the needs of individuals and businesses alike. Specialising in retail banking, corporate banking, and investment services, Fidelity Bank is renowned for its innovative products, such as the Fidelity Mobile App and various savings accounts designed to enhance customer experience. The bank's commitment to financial inclusion and customer satisfaction has earned it a solid market position, marked by notable achievements in digital banking and customer service excellence.
DitchCarbon Score
How does Fidelity Bank PLC'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
Fidelity Bank PLC's score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Fidelity Bank PLC's reported carbon emissions
In 2024, Fidelity Bank PLC reported total carbon emissions of approximately 15,000,000 kg CO2e, comprising 12,290,000 kg CO2e from Scope 1, 3,083,000 kg CO2e from Scope 2, and 6,709,000 kg CO2e from Scope 3 emissions. This data highlights the bank's comprehensive approach to emissions reporting, covering all three scopes. In 2023, the bank's global emissions were significantly higher, with total emissions reaching about 688,222,300 kg CO2e, primarily driven by Scope 3 emissions at 688,222,300 kg CO2e, which included 682,299,780 kg CO2e from purchased goods and services. Scope 1 and Scope 2 emissions for that year were reported at 15,749,000 kg CO2e and 3,228,000 kg CO2e, respectively. Fidelity Bank PLC has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the bank may need to enhance its climate strategy to align with industry standards. Overall, while Fidelity Bank PLC has made strides in emissions reporting, the lack of defined reduction initiatives may limit its effectiveness in addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | 15,749,000 |
| Scope 2 | 3,228,000 |
| Scope 3 | 688,222,300 |
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.
Fidelity Bank PLC is not participating in any 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.
