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.
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.
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.
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.
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.
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.