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 64 is higher than 81% 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 76,837,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 5,138,000 kg CO2e, while Scope 2 emissions totalled approximately 49,565,000 kg CO2e. Scope 3 emissions were notably high at around 71,840,000 kg CO2e. In 2023, NAB's total emissions were approximately 65,515,000 kg CO2e, indicating an increase in emissions year-on-year. NAB has set ambitious climate commitments, aiming to achieve a 51% reduction in greenhouse gas (GHG) emissions by 2025, based on a 2015 baseline. This target applies to both Scope 1 and Scope 2 emissions. Additionally, NAB is committed to sourcing 100% of its energy from renewable sources by 2025. For Scope 3 emissions, the bank has set a target for a complete reduction of thermal coal emissions by 2030, relative to a 2021 baseline. NAB is also working towards achieving net zero emissions by 2050, supporting its customers in their sustainability efforts. The bank's emissions data is sourced directly from its own reporting, with no cascaded data from parent organisations.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,848,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 177,540,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 112,636,000 | 000,000,000 | - | 000,000,000 | 00,000,000 | 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.
