Mashreq Bank Sustainability Profile
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Mashreq Bank's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Mashreq Bank's reported carbon emissions
Mashreq Bank, headquartered in the United Arab Emirates (AE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank at this time. As a result, Mashreq Bank's climate commitments and initiatives remain unclear, and there is no information available regarding their strategies for addressing carbon emissions or contributing to sustainability efforts. Without specific data or targets, it is challenging to assess their environmental impact or commitment to climate action within the banking sector.
How Carbon Intensive is Mashreq Bank's Industry?
How Carbon Intensive is Mashreq Bank's Location?
Mashreq Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mashreq Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
