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.

54

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 54 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Nab's reported carbon emissions

In 2023, NAB reported total carbon emissions of approximately 40,479,380 kg CO2e, with Scope 1 emissions at about 60,354,000 kg CO2e, Scope 2 emissions at approximately 111,000 kg CO2e, and Scope 3 emissions reaching about 65,515,000 kg CO2e. This reflects a commitment to transparency in their carbon footprint across all scopes of emissions. NAB has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. However, they continue to report on their emissions and engage in climate-related disclosures, indicating a commitment to addressing climate change. The absence of defined reduction targets suggests that while NAB is monitoring its emissions, it may not yet have formalised a comprehensive strategy for significant reductions. Overall, NAB's emissions data highlights the importance of ongoing efforts in sustainability and climate action, particularly in the context of the financial services industry in Australia.

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
00,000,000
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. Nab is headquartered in AU, which has a rank of very high, indicating very high grid carbon 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.

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

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