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 and New Zealand. 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 tailored financial solutions and digital banking platforms. 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 play a pivotal role in shaping the financial landscape in Australia and beyond.
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 46 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nab's reported carbon emissions
In 2023, National Australia Bank (NAB) reported total carbon emissions of approximately 40.5 million tonnes CO2e globally. This figure includes about 60.4 million tonnes CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 76.8 million tonnes CO2e from Scope 3 emissions, which cover indirect emissions from the value chain. The bank's Scope 2 emissions, related to purchased electricity, were around 76.1 million tonnes CO2e. NAB has made significant strides in its climate commitments, participating in initiatives such as the Business Ambition for 1.5°C and the Climate Ambition Accelerator. The bank has received high scores in climate disclosures, with several assessments rating it as "A" or "A-," indicating strong performance in managing and reporting its climate impact. While specific reduction targets were not detailed, NAB's ongoing commitment to responsible climate policy engagement and carbon pricing initiatives reflects its dedication to addressing climate change and reducing its carbon footprint. The bank's efforts align with industry standards and demonstrate a proactive approach to sustainability in the banking sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 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 |
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 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.
