First Abu Dhabi Bank
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.
+19 vs industry average
First Abu Dhabi Bank’s score of 54 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
First Abu Dhabi Bank's reported carbon emissions
First Abu Dhabi Bank (FAB), headquartered in AE and operating in financial intermediation services, has reported its carbon emissions across Scopes 1, 2, and 3. In 2025, the bank's total emissions were approximately 59,690,000 kg CO2e. This comprised around 6,769,000 kg CO2e for Scope 1, approximately 27,901,000 kg CO2e for Scope 2, and roughly 4,993,000 kg CO2e for Scope 3. For 2024, FAB's total emissions amounted to approximately 41,087,000 kg CO2e. This included Scope 1 emissions of about 6,201,000 kg CO2e, Scope 2 emissions of roughly 29,881,000 kg CO2e, and Scope 3 emissions of approximately 5,085,000 kg CO2e. In 2023, FAB recorded total emissions of approximately 43,051,000 kg CO2e, with Scope 1 at about 5,644,000 kg CO2e, Scope 2 at around 32,522,000 kg CO2e, and Scope 3 at roughly 4,785,000 kg CO2e. Looking at earlier years, FAB reported total emissions of approximately 45,081,000 kg CO2e in 2022 (Scope 1: 4,649,000 kg CO2e, Scope 2: 34,882,000 kg CO2e, Scope 3: 5,644,000 kg CO2e), and 32,287,000 kg CO2e in 2021 (Scope 1: 2,867,000 kg CO2e, Scope 2: 29,421,000 kg CO2e, Scope 3: 4,827,000 kg CO2e). In 2020, total emissions were approximately 32,943,000 kg CO2e (Scope 1: 631,000 kg CO2e, Scope 2: 28,797,000 kg CO2e, Scope 3: 3,515,000 kg CO2e). FAB's total emissions in 2019 were approximately 45,231,000 kg CO2e (Scope 1: 9,092,000 kg CO2e, Scope 2: 28,538,000 kg CO2e, Scope 3: 7,601,000 kg CO2e), and in 2018, they were approximately 53,126,000 kg CO2e (Scope 1: 7,399,000 kg CO2e, Scope 2: 38,835,000 kg CO2e, Scope 3: 6,892,000 kg CO2e). For 2017, total emissions were around 54,639,940 kg CO2e, with Scope 1 at approximately 963,500 kg CO2e, Scope 2 at about 53,676,440 kg CO2e, and Scope 3 at roughly 6,369,300 kg CO2e. FAB is committed to achieving net-zero operations by 2030, covering Scope 1, 2, and operational Scope 3 emissions as part of its Net-Zero Banking Alliance (NZBA) commitment. The bank has reported significant reductions in its absolute emissions against a 2019 baseline. Specifically, Scope 1 emissions have seen a 38% decrease, and total absolute emissions have reduced by 11% by 2023. It's important to note that some Scope 3 data points, such as purchased goods and services, were reported as missing.
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First Abu Dhabi Bank’s Climate Goals (2030 & 2050)
4 goals2030
As part of our NZBA commitment, we set a goal to achieve net…
As part of our NZBA commitment, we set a goal to achieve net-zero operations by 2030, which covers our Scope 1 and 2 emission and operationa…
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.
See all 4 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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