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First Abu Dhabi Bank (FAB), headquartered in Abu Dhabi, United Arab Emirates, stands as a leading institution in the financial intermediation services sector, specifically excluding insurance and pension funding services. Established in 2017 through the merger of First Gulf Bank and National Bank of Abu Dhabi, FAB has rapidly positioned itself as a key player in the Middle East's banking landscape.
With a diverse portfolio that includes retail banking, corporate banking, investment services, and wealth management, FAB is renowned for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. The bank's commitment to digital transformation and customer-centric services has garnered it numerous accolades, solidifying its reputation as a trusted financial partner in the region. As a prominent entity in the UAE's banking sector, FAB continues to drive economic growth and development through its comprehensive range of financial products and services.
+18 vs industry average
First Abu Dhabi Bank’s score of 55 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
First Abu Dhabi Bank, a financial intermediation services provider headquartered in AE, reported its 2025 emissions at 39,663,000 kg CO2e, comprising 6,769,000 kg CO2e in Scope 1, 27,901,000 kg CO2e in Scope 2, and 4,993,000 kg CO2e in Scope 3.
Looking back, in 2024, the bank's total emissions were 41,167,000 kg CO2e, with 6,201,000 kg CO2e from Scope 1, 29,881,000 kg CO2e from Scope 2, and 5,085,000 kg CO2e from Scope 3. For 2023, emissions were 42,951,000 kg CO2e, broken down into 5,644,000 kg CO2e for Scope 1, 32,522,000 kg CO2e for Scope 2, and 4,785,000 kg CO2e for Scope 3.
The bank has set ambitious climate commitments. As part of its Net-Zero Banking Alliance (NZBA) commitment, First Abu Dhabi Bank aims to achieve net-zero operations by 2030, covering Scope 1, Scope 2, and operational Scope 3 emissions. The bank has demonstrated progress, noting an 11% decrease in total absolute emissions against a 2019 baseline by 2023. Specifically, its absolute Scope 1 emissions saw a significant 38% reduction between 2019 and 2023.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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