Public Profile

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.

57

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.

26

Industry Benchmark

Nab's score of 57 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

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Nab's reported carbon emissions

In 2022, NAB reported total global emissions of approximately 60,829,000 kg CO2e, with Scope 1 emissions at about 6,619,000 kg CO2e, Scope 2 emissions at approximately 32,066,000 kg CO2e, and Scope 3 emissions reaching about 43,020,000 kg CO2e. The bank's emissions intensity for office operations was reported at 70,800 kg CO2e per square metre, while retail operations had an intensity of 78,400 kg CO2e per unit of revenue. NAB has not disclosed specific reduction targets or initiatives in its climate commitments, indicating a lack of formalised reduction strategies at this time. The absence of documented reduction targets suggests that NAB may be in the early stages of developing a comprehensive climate action plan. Overall, NAB's emissions data highlights the significant environmental impact of its operations, particularly in Scope 3 emissions, which encompass a wide range of indirect emissions. The bank's commitment to addressing climate change remains a critical area for future development.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nab's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Nab is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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