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Financial Intermediation
EG
updated 15 days ago

National Bank of Egypt (S.A.E)

Company website

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.

20

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.

30

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.

16%

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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 report any carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that the bank may not have established specific climate commitments or initiatives aimed at reducing its carbon footprint. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate action, often setting science-based targets to align with global climate goals. However, without specific commitments or emissions data, it is unclear how the National Bank of Egypt is addressing climate change or contributing to broader environmental efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. National Bank of Egypt (S.A.E)'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 National Bank of Egypt (S.A.E) is in EG, which has a medium 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.

National Bank of Egypt (S.A.E) is not participating in any 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?

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