Nab

NAB, headquartered in Australia and operating in financial intermediation services, reported approximately 78,259,000 kg CO2e in Scope 3 emissions and 4,975,000 kg CO2e in Scope 1 emissions for 2025. In 2024, the company's Scope 3 emissions were around 71,006,000 kg CO2e and Scope 1 emissions were approximately 5,138,000 kg CO2e. For 2023, NAB's total emissions were 65,515,000 kg CO2e, comprising approximately 5,293,000 kg CO2e in Scope 1, 57,320,000 kg CO2e in Scope 2 (location-based), and 55,028,000 kg CO2e in Scope 3.

The company has set several climate commitments. NAB aims for net-zero emissions by 2050 across all scopes. Near-term targets include a 51% reduction in Scope 1 and Scope 2 GHG emissions by 2025 from a 2015 baseline, and sourcing 100% of its energy from renewable sources by 2025. There is also an earlier absolute target to reduce Scope 1 and Scope 2 GHG emissions by 21% by June 2025 from a 2015 base year. More recently, NAB Group has set a new target for a 72% reduction in market-based Scope 1 and 2 emissions by 2030 from a 2022 baseline. Furthermore, NAB has a sector target for thermal coal, aiming for a 100% reduction in Scope 3 emissions by 2030, against a 2021 baseline.