National Bank of Oman SAOG
National Bank of Oman SAOG, commonly referred to as NBO, is a prominent financial institution headquartered in Muscat, Oman. Established in 1973, NBO has played a pivotal role in the banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence in Oman and a growing footprint in the region, the bank is committed to delivering innovative financial solutions tailored to meet the diverse needs of its customers. NBO's core products include personal banking, business financing, and wealth management services, distinguished by their customer-centric approach and advanced digital banking capabilities. As a leader in the Omani banking landscape, National Bank of Oman has achieved significant milestones, including numerous awards for excellence in service and innovation, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does National Bank of Oman SAOG'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 Oman SAOG's score of 22 is lower than 92% 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 Oman SAOG's reported carbon emissions
In 2015, the National Bank of Oman SAOG reported total carbon emissions of approximately 20,258,000 kg CO2e, with Scope 1 emissions accounting for about 14,741,000 kg CO2e and Scope 2 emissions at around 5,517,000 kg CO2e. In 2011, the bank's total emissions were significantly higher, at about 27,470,000 kg CO2e, with Scope 1 emissions at approximately 21,973,000 kg CO2e and Scope 2 emissions at about 5,497,000 kg CO2e. This indicates a notable reduction in emissions over the four-year period. Despite these reductions, the bank has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing its carbon footprint. The absence of Scope 3 emissions data suggests that the bank may not be actively measuring or addressing emissions from its value chain. Overall, while the National Bank of Oman SAOG has made strides in reducing its carbon emissions, further commitments and transparency regarding future climate initiatives would enhance its sustainability profile.
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| 2011 | 2015 | |
|---|---|---|
| Scope 1 | 21,973,000 | 00,000,000 |
| Scope 2 | 5,497,000 | 0,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
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 Oman SAOG 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.
