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.
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.
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 Oman SAOG's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 approximately 5,517,000 kg CO2e. This marked a significant reduction from 2011, when total emissions were 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. Despite these reductions, the bank has not publicly committed to specific reduction targets or initiatives, nor does it appear to have set Science-Based Targets Initiative (SBTi) reduction targets. The absence of Scope 3 emissions indicates a focused approach on direct and indirect emissions from operations. The National Bank of Oman continues to engage in sustainability practices, although further details on their climate commitments or future initiatives are not specified.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2011 | 2015 | |
---|---|---|
Scope 1 | 21,973,000 | 00,000,000 |
Scope 2 | 5,497,000 | 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 Oman SAOG 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.