National Bank Sustainability Profile
National Bank, headquartered in Palestine (PS), is a prominent player in the banking and financial services industry. Established in 1995, the bank has grown significantly, offering a range of core products and services including retail banking, corporate finance, and investment solutions. National Bank is recognised for its commitment to innovation and customer service, setting it apart in a competitive market. With a strong presence across major operational regions in Palestine, National Bank has achieved notable milestones, including the expansion of its branch network and the introduction of digital banking services. The bank's focus on community development and financial inclusion has solidified its market position, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does National Bank'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
National Bank's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Bank's reported carbon emissions
In 2022, National Bank reported total carbon emissions of approximately 721,000 kg CO2e, a decrease from about 810,000 kg CO2e in 2021. The emissions breakdown for 2022 includes about 42,000 kg CO2e from Scope 1 and approximately 679,000 kg CO2e from Scope 2. This reflects a significant reduction in total emissions, indicating a commitment to improving their environmental impact. The bank has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets through initiatives such as the Science Based Targets initiative (SBTi). However, their ongoing efforts to monitor and report emissions demonstrate a proactive approach to climate accountability. National Bank's emissions data is not cascaded from any parent organization, ensuring that the figures reflect their independent operations. The bank continues to focus on transparency in its sustainability reporting, as evidenced by their published sustainability reports.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 25,000 | 00,000 | 00,000 |
| Scope 2 | 657,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is National Bank's Industry?
How Carbon Intensive is National Bank's Location?
National Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
National Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
