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 higher than 66% 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 significant carbon emissions totalling approximately 688,222,300 kg CO2e across all scopes. The breakdown of emissions includes about 15,749,000 kg CO2e from Scope 1, which encompasses direct emissions from owned or controlled sources, and approximately 3,228,000 kg CO2e from Scope 2, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 688,222,300 kg CO2e, fall under Scope 3, primarily driven by purchased goods and services, which accounted for approximately 682,299,780 kg CO2e. Currently, Fidelity Bank has not established specific reduction targets or climate pledges, indicating a potential area for future commitment in addressing their carbon footprint. As the bank continues to operate within the financial sector in Nigeria, it is essential for them to align with industry standards and best practices in climate action to enhance sustainability and reduce overall emissions.
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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.
