NCBA Group PLC Sustainability Profile
NCBA Group PLC, headquartered in Nairobi, Kenya, is a leading financial services provider in East Africa. Founded in 2008, the company has rapidly evolved through strategic mergers and acquisitions, including the notable merger between NIC Bank and Commercial Bank of Africa. Operating primarily in the banking and financial services industry, NCBA offers a diverse range of products, including retail banking, corporate banking, and investment services. Its unique digital banking solutions and commitment to customer-centric services set it apart in a competitive market. With a strong presence in Kenya and expanding operations across the region, NCBA Group PLC has established itself as a key player in the financial sector, recognised for its innovative approach and robust market position.
DitchCarbon Score
How does NCBA Group PLC'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
NCBA Group PLC's score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NCBA Group PLC's reported carbon emissions
In 2024, NCBA Group PLC reported total carbon emissions of approximately 9,146,620 kg CO2e, comprising 6,262,450 kg CO2e from Scope 1 and 2,884,180 kg CO2e from Scope 2 emissions. This marks a reduction from 2023, where total emissions were about 10,089,530 kg CO2e, with Scope 1 emissions at 7,765,530 kg CO2e and Scope 2 emissions at 2,324,000 kg CO2e. NCBA Group has set an ambitious target to achieve net zero emissions by 2030, focusing on Scope 1 emissions. This commitment reflects the company's dedication to sustainability and aligns with global climate initiatives. The reduction initiatives are part of a broader strategy to mitigate climate impact and transition towards a more sustainable operational model. The emissions data is self-reported by NCBA Group PLC and does not cascade from any parent organization. The company is actively working to enhance its environmental performance and contribute positively to climate action.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 7,765,530 | 0,000,000 |
| Scope 2 | 2,324,000 | 0,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is NCBA Group PLC's Industry?
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NCBA Group PLC'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.
NCBA Group PLC 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.
