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.
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.
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.
Nab's score of 46 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NAB reported total carbon emissions of approximately 40,479,380 kg CO2e. This figure includes Scope 1 emissions of about 60,354,000 kg CO2e, Scope 2 emissions of approximately 111,000 kg CO2e, and Scope 3 emissions totalling around 65,515,000 kg CO2e. NAB's emissions data indicates a commitment to transparency, although there are currently no specific reduction targets or initiatives outlined in their climate commitments. The absence of documented reduction targets suggests that while NAB is actively disclosing its emissions, it may not yet have formalised specific goals for reducing its carbon footprint. Overall, NAB's emissions profile reflects a significant reliance on both direct and indirect emissions sources, highlighting the importance of comprehensive strategies to address climate impact across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 16,544,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 133,680,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 committed to some 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.