The National Bank of New Zealand Limited Sustainability Profile
The National Bank of New Zealand Limited, commonly referred to as the National Bank, is a prominent financial institution headquartered in New Zealand. Established in the 19th century, the bank has a rich history of serving both personal and business banking needs across the country, with a strong presence in major urban regions. Operating within the banking and financial services industry, the National Bank offers a diverse range of products, including personal loans, mortgages, and business financing solutions. Its commitment to customer service and innovative financial products sets it apart in a competitive market. Recognised for its stability and reliability, the National Bank has achieved significant milestones over the years, solidifying its position as a trusted partner for New Zealanders seeking financial growth and security.
DitchCarbon Score
How does The National Bank of New Zealand Limited'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
The National Bank of New Zealand Limited's score of 60 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The National Bank of New Zealand Limited currently does not report specific carbon emissions data, as there are no available figures for emissions in kg CO2e. However, the bank is part of a corporate family that includes ANZ Group Holdings Limited, from which it inherits certain climate commitments and performance metrics. As a merged entity, The National Bank of New Zealand Limited aligns its climate initiatives with those of ANZ Group Holdings Limited, which has established significant sustainability goals. While specific reduction targets for The National Bank of New Zealand Limited are not detailed, the overarching commitments from ANZ Group Holdings Limited may influence its climate strategy. The bank's climate commitments are part of a broader industry context, focusing on reducing carbon footprints and enhancing sustainability practices. The absence of direct emissions data suggests that The National Bank of New Zealand Limited is in the early stages of formalising its climate strategy, potentially leveraging the initiatives and targets set by its parent company. In summary, while specific emissions data and reduction targets for The National Bank of New Zealand Limited are not available, its affiliation with ANZ Group Holdings Limited indicates a commitment to sustainability and climate action within the banking sector.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,428,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 205,462,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 37,757,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is The National Bank of New Zealand Limited's Industry?
How Carbon Intensive is The National Bank of New Zealand Limited's Location?
The National Bank of New Zealand Limited's Scope 3 Categories Breakdown
The National Bank of New Zealand Limited's Scope 3 emissions, which increased by 14% last year and increased by approximately 82% since 2012, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 62% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 32% of Scope 3 emissions.
Top Scope 3 Categories
The National Bank of New Zealand Limited'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.
The National Bank of New Zealand Limited 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.
