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 0 is lower than 99% 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. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. In the context of the banking industry, many institutions are increasingly committing to sustainability and carbon reduction strategies. While Mashreq Bank has not disclosed specific commitments or targets, it is essential for financial institutions to engage in climate action to mitigate their environmental impact and align with global sustainability goals. As the landscape of corporate responsibility evolves, it is anticipated that Mashreq Bank will develop and communicate its climate commitments and emissions data in the future, contributing to a more sustainable banking sector.
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.