National Bank of Oman SAOG Sustainability Profile
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 25 is lower than 62% 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
National Bank of Oman SAOG currently does not have available carbon emissions data, as indicated by the absence of specific figures for kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This suggests that the bank may not have formalised commitments to reduce emissions or participate in recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a financial institution based in Oman, National Bank of Oman SAOG operates within an industry context where climate commitments are increasingly important. While specific emissions data and reduction targets are lacking, the bank's future climate strategy may evolve in response to growing environmental concerns and regulatory pressures within the banking sector.
How Carbon Intensive is National Bank of Oman SAOG's Industry?
How Carbon Intensive is National Bank of Oman SAOG's Location?
National Bank of Oman SAOG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
National Bank of Oman SAOG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
