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 25 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fidelity Bank PLC's reported carbon emissions
In 2023, Fidelity Bank PLC reported total carbon emissions of approximately 688,222,300 kg CO2e, primarily from Scope 3 emissions, which accounted for about 99% of their total emissions. Scope 1 emissions were recorded at approximately 15,749,000 kg CO2e, while Scope 2 emissions totalled around 3,228,000 kg CO2e. Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or initiatives aimed at decreasing their carbon footprint. This lack of specific climate commitments may reflect broader industry trends, where financial institutions are increasingly under pressure to enhance their sustainability practices and reduce greenhouse gas emissions. Fidelity Bank's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of their extensive supply chain. As the bank continues to navigate its environmental impact, future commitments and strategies will be crucial in aligning with global climate goals.
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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.
