Ditchcarbon

    • How it works

      See how DitchCarbon turns supplier data into verified Scope 3 emissions - no surveys required.

    • Data

      Access reliable, AI-sourced emissions data across your entire supplier network at scale.

    • Integrations

      Connect DitchCarbon to your ERP, P2P, and BI tools for seamless Scope 3 data flow.

    • Auditability

      Produce board-ready, audit-proof emissions reports backed by traceable, verified data.

    • Compare

      See how DitchCarbon stacks up against other Scope 3 tools and carbon accounting software.

    • Functionality

      Compare Scope 3 tools and software with Ditchcarbon

    • PCF Evaluator

      Validate supplier PCFs and EPDs into decision-ready PACT-aligned data

    Are you a supplier?

    Respond to sustainability requests in minutes. Use your existing emissions data to complete surveys faster with DitchSurvey.

    Respond with DitchSurvey

    Already have emissions data?

    Join over 1 million companies building reusable emissions profiles.

    Claim your profile

    • CDP supplier score lifted from C to A- across 15,000 suppliers.

    • Full Scope 3 visibility across 55+ countries built to scale.

    • Supplier-specific emissions data across thousands of vendors without a single survey.

    • Accurate disclosures at speed with no questionnaires and no gaps.

    • Quarterly supplier emissions data, verified and ready for audit.

    • Months of manual aggregation eliminated and emissions forecasting live in 6 months.

    Are you a supplier?

    Respond to sustainability requests in minutes. Use your existing emissions data to complete surveys faster with DitchSurvey.

    Respond with DitchSurvey

    Already have emissions data?

    Join over 1 million companies building reusable emissions profiles.

    Claim your profile

    • AI-powered Survey Responder

      Automatically complete sustainability surveys using your existing emissions data.

    • Financed Emissions (PCAF)

      Reliable company emissions data for financed emissions and portfolio analysis.

    • Emissions Reporting

      Measure and understand your full carbon footprint with confidence.

    • Sustainable Sourcing: A Strategy for Decarbonisation

      Make climate-smart sourcing the default across every supplier decision.

    • Smarter Supplier Engagement: Reduce Burden, Drive Decarbonisation

      Engage suppliers effectively by reducing their burden and providing actionable, data-driven insights.

    • SBTi-Aligned Baselining

      Build a emissions baseline your science-based targets can actually stand on.

    Are you a supplier?

    Respond to sustainability requests in minutes. Use your existing emissions data to complete surveys faster with DitchSurvey.

    Respond with DitchSurvey

    Already have emissions data?

    Join over 1 million companies building reusable emissions profiles.

    Claim your profile

    • Guides

      Step by step resources to help you measure and reduce Scope 3 emissions.

    • Blog

      Insights and thinking on Scope 3 data, reporting, and supply chain sustainability.

    • Industries

      Scope 3 emissions benchmarks and data broken down by industry.

    • FAQ

      Common questions about DitchCarbon, methodology, data, and the platform.

    • Trust Center

      How we handle your data, security, compliance and privacy.

    • Methodology

      How we calculate emissions, where our data comes from and how we validate it.

    • Upload EcoVadis Report

      Turn your EcoVadis scorecard into structured supplier emissions data.

    • Upload CDP Response

      Extract and activate emissions data from your CDP supplier responses.

    Explore company emissions data at scale

    2m+ company profiles mapped

    • Find and claim your company
    • Compare emissions across industries

    • About

      The team and mission behind DitchCarbon's approach to Scope 3.

    • Careers

      Join a team making Scope 3 data accessible for every procurement team.

    Are you a supplier?

    Respond to sustainability requests in minutes. Use your existing emissions data to complete surveys faster with DitchSurvey.

    Respond with DitchSurvey

    Already have emissions data?

    Join over 2 million companies building reusable emissions profiles.

    Claim your profile
  • Pricing
Sign inBook a demo
OrganisationsMasreq Bank
Masreq Bank logo

Masreq Bank

Financial IntermediationUnited Arab EmiratesDFM: MASQ.AE
Last verified 22 days agomashreq.com

Masreq Bank, officially known as Mashreqbank PSC, is a prominent financial institution headquartered in the United Arab Emirates (AE). Established in 1967, it has grown to become a leader in the financial intermediation services sector, excluding insurance and pension funding. With a strong presence across the UAE and key operational regions in the Middle East, Masreq Bank offers a diverse range of services, including retail banking, corporate banking, and investment solutions.

Renowned for its innovative approach, Masreq Bank has consistently introduced unique products tailored to meet the evolving needs of its clients. The bank's commitment to digital transformation and customer-centric services has solidified its market position, making it a trusted choice for individuals and businesses alike. With a rich history of milestones, Masreq Bank continues to set benchmarks in the financial services industry.

47
DitchCarbon score

+10 vs industry average

Masreq Bank’s score of 47 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

Part of the Sustainability team at Masreq Bank?

  • Control how your company's emission story is told
  • Respond to customers efficiently
  • See who's viewing your profile
Claim this profile

Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2027

000.0M000.0M00.0M00.0M0

Unlock Forecasting

Sign up to see forecasted emissions and if they are on track for their climate goals

20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Masreq Bank's reported carbon emissions

Mashreq Bank, a financial intermediation services provider headquartered in the UAE, reported its carbon emissions for recent years. In 2024, the bank's total emissions were approximately 108.1 million kg CO2e, encompassing Scope 1, Scope 2, and Scope 3 emissions. This figure comprised approximately 7.3 million kg CO2e from Scope 1, about 13.1 million kg CO2e from Scope 2, and approximately 98.3 million kg CO2e from Scope 3.

For 2023, Mashreq Bank's total emissions amounted to approximately 58.96 million kg CO2e. This breakdown included around 2.96 million kg CO2e for Scope 1, about 12.54 million kg CO2e for Scope 2, and approximately 53 million kg CO2e for Scope 3.

In terms of climate commitments, Mashreq Bank is working towards a net-zero economy by 2050, aligning with the UAE's national strategy and Federal Decree No.11 of 2024. The bank has set near-term reduction targets, aiming to decrease its Scope 1 emissions by 30% from 2023 levels by 2025, and also by 30% by 2030 from a 2023 baseline. Similarly, Scope 2 emissions are targeted for a 30% reduction from 2023 levels by 2025, and a further 30% reduction by 2030 from the 2023 baseline. Mashreq Bank also holds a net-zero commitment as a financial institution, with a deadline set 24 months from the launch of the Financial Institutions Net-Zero Standard.

Unlock detailed emission data

Access structured emission data, company specific factors and auditable source documents

Get started now

Masreq Bank’s Climate Goals (2030 & 2050)

4 goals

2025

30% reduction in Scope 1

We aim to reduce our Scope 1 emissions by 30% from 2023 levels by 2025.

Behind target30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 4 climate goals

Sign up to see all goals

Already have an account? Sign in now

Scope 3 top emissions categories

7 of 15 categories disclosed
Purchased Goods & Services47%
Downstream Leased Assets29%
Capital Goods9%
Business Travel8%
Employee Commuting6%
Fuel & Energy Activities1%
Waste Generated in Operations0%
Purchased Goods & Services47%
Downstream Leased Assets29%
Capital Goods9%
Business Travel8%
Employee Commuting6%
Fuel & Energy Activities1%
Waste Generated in Operations0%

See all scope 3 categories

Sign up to see the full scope 3 breakdown

Already have an account? Sign in now

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Masreq Bank logoMasreq Bank
AEFinancial Intermediation
22 days ago
47
Hsbc Holdings logoHsbc Holdings
GBCommercial Banking
8 days ago
100
View
Standard Chartered PLC logoStandard Chartered PLC
GBFinancial Intermediation
7 days ago
100
View
Societe Generale logoSociete Generale
FRCommercial Banking
3 days ago
84
View
Barclays PLC logoBarclays PLC
GBCommercial Banking
2 days ago
78
View
Citi logoCiti
USInvestment Banking and Securities Dealing
8 days ago
61
View
Credit Agricole logoCredit Agricole
FRFinancial Intermediation
8 days ago
56
View

Frequently asked questions

Common questions about Masreq Bank’s sustainability data and climate commitments

Masreq Bank's total carbon emissions for 2024 were approximately 115.6 million kg CO2e. This total includes Scope 1 emissions of about 7.3 million kg CO2e, Scope 2 emissions of roughly 13.1 million kg CO2e, and Scope 3 emissions amounting to approximately 98.3 million kg CO2e. The significant portion of emissions comes from Scope 3, highlighting the bank's impact across its value chain and the importance of addressing these emissions in its sustainability strategy.

Data year: 2024

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Learn more

Curious to see your top suppliers emissions?

Book a demo for a pilot project

Ditchcarbonv260716.3
[email protected]+44 203 475 7875

Ditch Carbon Ltd

167-169 Great Portland Street

London W1W 5PF

Platform

  • How it works
  • Data
  • Integrations
  • Auditability
  • Compare
  • Pricing

Resources

  • Guides
  • Blog
  • Industries
  • Trust center
  • Upload Ecovadis reports
  • Upload CDP response
  • Calculation methodology
  • Claim your profile
  • SBTI API
  • FAQ

Use Case

  • AI Survey Responder
  • Financed Emissions (PCAF)
  • Emissions Reporting
  • Sustainable Sourcing: A Strategy for Decarbonisation
  • Smarter Supplier Engagement: Reduce Burden, Drive Decarbonisation
  • SBTi-Aligned Baselining

Documentation

  • Help
  • Reference
  • Appendix
  • Changelog

Customers

  • EssilorLuxottica
  • Hikma
  • Grant Thornton
  • Haleon
  • Coherent
  • Howden

Company

  • About
  • Contact
  • Careers
  • Privacy policy
  • Terms and conditions