National Bank of Fujairah (NBF), headquartered in the United Arab Emirates, is a prominent financial institution established in 1982. With a strong presence in the UAE, particularly in Fujairah and Dubai, NBF operates within the banking industry, focusing on corporate and retail banking services. The bank offers a diverse range of products, including personal loans, business financing, and treasury services, distinguished by its customer-centric approach and innovative solutions. NBF has achieved significant milestones, including recognition for its robust financial performance and commitment to sustainable banking practices. As a key player in the UAE's banking sector, National Bank of Fujairah continues to enhance its market position through strategic initiatives and a dedication to meeting the evolving needs of its clients.
How does National Bank of Fujairah'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 Fujairah's score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the National Bank of Fujairah (NBF) reported total carbon emissions of approximately 5,780,000 kg CO2e, with Scope 1 emissions at about 30,000 kg CO2e and Scope 2 emissions at approximately 5,750,000 kg CO2e. This represents a decrease from 2022, where total emissions were about 6,095,800 kg CO2e. In 2021, NBF's emissions were approximately 5,878,300 kg CO2e, all attributed to Scope 2, as there were no Scope 1 emissions recorded. The bank's emissions in 2020 were significantly higher, at about 6,095,800 kg CO2e, with Scope 1 emissions contributing approximately 5,424,000 kg CO2e. NBF has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the bank's emissions intensity has shown a trend of improvement, with GHG emissions intensity reported at 5,600 kg CO2e per employee in 2023, down from 6,300 kg CO2e per employee in 2021. Overall, while NBF has made strides in reducing its emissions, further commitments and targets would enhance its climate action strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 5,424,000 | - | 00,000 | 00,000 |
Scope 2 | 5,878,300 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - |
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 Fujairah is not committed to any reduction initiatives 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.