Public Profile

First Abu Dhabi Bank

First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, is headquartered in Abu Dhabi. Established in 2017 through the merger of First Gulf Bank and National Bank of Abu Dhabi, FAB has rapidly positioned itself as a leader in the banking industry, serving both retail and corporate clients across the UAE and internationally. FAB offers a comprehensive range of financial services, including personal banking, corporate banking, investment solutions, and wealth management. Its innovative digital banking platform sets it apart, providing customers with seamless access to banking services. With a strong focus on customer experience and sustainability, FAB has achieved numerous accolades, reinforcing its status as a trusted financial partner in the region.

DitchCarbon Score

How does First Abu Dhabi Bank'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.

41

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.

26

Industry Benchmark

First Abu Dhabi Bank's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

First Abu Dhabi Bank's reported carbon emissions

In 2023, First Abu Dhabi Bank (FAB) reported total carbon emissions of approximately 40,671,000 kg CO2e. This figure includes 5,637,000 kg CO2e from Scope 1 emissions, 32,522,000 kg CO2e from Scope 2 emissions, and 2,512,000 kg CO2e from Scope 3 emissions. Over the years, FAB has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were about 44,853,000 kg CO2e, indicating a reduction in emissions in 2023. The bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further transparency in its climate commitments. Overall, FAB's emissions data reflects its ongoing efforts to manage and reduce its environmental impact, aligning with industry standards for climate accountability.

Unlock detailed emissions data

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

2017201820192020202120222023
Scope 1
963,500
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
53,676,440
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
6,369,300
0,000,000
0,000,000
000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Abu Dhabi Bank'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. First Abu Dhabi Bank is headquartered in AE, which has a rank of medium, indicating medium grid carbon 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.

First Abu Dhabi Bank is not committed to any reduction initiatives 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

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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