National Bank of Egypt (S.A.E) Sustainability Profile
The National Bank of Egypt (S.A.E), headquartered in Cairo, Egypt, stands as a cornerstone of the Egyptian banking sector. Established in 1898, it has played a pivotal role in the country's financial landscape, offering a wide range of banking services and products. With a strong presence across major operational regions in Egypt, the bank caters to both individual and corporate clients. As a leading financial institution, the National Bank of Egypt excels in retail banking, corporate finance, and investment services. Its unique offerings include tailored financial solutions and a commitment to customer service, setting it apart in a competitive market. The bank's notable achievements include being one of the largest banks in Egypt by assets, reflecting its robust market position and dedication to fostering economic growth.
DitchCarbon Score
How does National Bank of Egypt (S.A.E)'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 of Egypt (S.A.E)'s score of 20 is lower than 84% 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 of Egypt (S.A.E)'s reported carbon emissions
The National Bank of Egypt (S.A.E) currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no details regarding Scope 1, 2, or 3 emissions, nor any significant reduction targets or achievements outlined in their climate commitments. Additionally, the bank has not established any specific climate pledges or initiatives related to carbon reduction. As such, there is no information on cascading data from parent or related organizations. In the absence of concrete emissions data and climate commitments, it is essential for the National Bank of Egypt to consider developing a comprehensive sustainability strategy that includes measurable targets for carbon emissions reduction and participation in industry-standard initiatives. This would not only enhance their environmental responsibility but also align with global efforts to combat climate change.
How Carbon Intensive is National Bank of Egypt (S.A.E)'s Industry?
How Carbon Intensive is National Bank of Egypt (S.A.E)'s Location?
National Bank of Egypt (S.A.E)'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 of Egypt (S.A.E) 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.
