Nab
National Australia Bank (NAB) is a leading financial institution headquartered in Melbourne, Australia. Established in 1893, NAB has grown to become one of the largest banks in the country, serving millions of customers across Australia, New Zealand, and the UK. The bank operates primarily in the banking and financial services industry, offering a comprehensive range of products including personal banking, business banking, and wealth management services. NAB is renowned for its commitment to innovation and customer service, with unique offerings such as its digital banking solutions and tailored financial advice. The bank has achieved significant milestones, including its recognition as a top employer and its efforts in sustainability and community support. With a strong market position, NAB continues to be a trusted partner for individuals and businesses seeking reliable financial solutions.
DitchCarbon Score
How does Nab'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
Nab's score of 59 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nab's reported carbon emissions
In 2024, NAB reported total carbon emissions of approximately 131,000,000 kg CO2e, comprising 51,494,000 kg CO2e from Scope 1, 102,000 kg CO2e from Scope 2, and 76,837,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2023, where total emissions were about 40,479,380 kg CO2e, with Scope 1 emissions at 60,354,000 kg CO2e, Scope 2 at 111,000 kg CO2e, and Scope 3 at 65,515,000 kg CO2e. NAB has set ambitious climate commitments, including a target to achieve a 100% reduction in emissions from thermal coal by 2030, using 2021 as the baseline year. This commitment reflects NAB's proactive approach to addressing climate change and reducing its carbon footprint, particularly in high-impact sectors. The bank's emissions data indicates a comprehensive disclosure across all three scopes, demonstrating transparency in its climate impact. NAB's ongoing efforts to monitor and reduce emissions are crucial as it navigates the challenges of climate change and aligns with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 16,544,000 | - | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 133,680,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 00,000,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Nab is participating in some of the initiatives that 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.
