Mashreq Bank, officially known as Mashreqbank PSC, is a leading financial institution headquartered in the United Arab Emirates (AE). Established in 1967, it has grown to become one of the oldest private banks in the region, with a strong presence across the Middle East, North Africa, and beyond. Operating within the banking and financial services industry, Mashreq Bank offers a diverse range of products and services, including retail banking, corporate banking, investment solutions, and wealth management. Its commitment to innovation is evident in its digital banking initiatives, which set it apart from competitors. Recognised for its customer-centric approach, Mashreq Bank has received numerous accolades, solidifying its position as a trusted financial partner in the region. With a focus on delivering unique financial solutions, it continues to play a pivotal role in the UAE's economic landscape.
How does Mashreq 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.
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.
Mashreq Bank's score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mashreq Bank, headquartered in the United Arab Emirates (AE), currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions data to analyse. In the absence of concrete emissions data, it is essential to highlight that Mashreq Bank is committed to addressing climate change through various initiatives. However, specific reduction targets or climate pledges have not been disclosed. As the financial sector increasingly prioritises sustainability, Mashreq Bank's future commitments and actions will be crucial in aligning with industry standards and contributing to global climate goals. For stakeholders and environmentally conscious clients, the bank's ongoing efforts in sustainability will be vital to monitor as they evolve.
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.
Mashreq 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.