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Public Profile
Financial Intermediation
NG
updated 10 days ago

Fidelity Bank PLC

Company website

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.

27

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.

27

Industry Benchmark

Fidelity Bank PLC's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Fidelity Bank PLC's reported carbon emissions

In 2024, Fidelity Bank PLC reported total carbon emissions of approximately 5,000,640 kg CO2e, with emissions primarily from Scope 2 and Scope 3 categories. Specifically, Scope 2 emissions from purchased electricity accounted for about 3,083,240 kg CO2e, while Scope 3 emissions included approximately 2,050,800 kg CO2e from business travel, 683,000 kg CO2e from employee commuting, and 77,600 kg CO2e from waste generated in operations. In comparison, the 2023 emissions data indicated a total of about 4,000,000 kg CO2e, with Scope 2 emissions from purchased electricity at approximately 3,228,000 kg CO2e and Scope 3 emissions comprising around 1,260,000 kg CO2e from business travel, 683,000 kg CO2e from employee commuting, and 37,000 kg CO2e from waste generated in operations. Fidelity Bank PLC has not set specific reduction targets or climate pledges, and there are no emissions data inherited from a parent company. The bank's commitment to sustainability is reflected in its transparency regarding emissions reporting, although it currently lacks formal reduction initiatives or targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20232024
Scope 1
-
-
Scope 2
3,228,000
0,000,000
Scope 3
1,980,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fidelity Bank PLC'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. This request for Fidelity Bank PLC is in NG, which has a medium grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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