UNITED ARAB BANK
United Arab Bank (UAB), headquartered in the United Arab Emirates (AE), is a prominent player in the banking and financial services industry. Established in 1975, UAB has grown to serve a diverse clientele across the UAE, with a focus on retail, corporate, and investment banking. The bank offers a range of core products and services, including personal loans, credit cards, and business financing solutions, distinguished by their customer-centric approach and innovative digital banking capabilities. UAB has achieved significant milestones, positioning itself as a trusted financial partner in the region, recognised for its commitment to excellence and sustainable growth. With a strong market presence, United Arab Bank continues to adapt to the evolving financial landscape, ensuring it meets the needs of its customers while contributing to the economic development of the UAE.
DitchCarbon Score
How does UNITED ARAB BANK'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
UNITED ARAB BANK's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UNITED ARAB BANK's reported carbon emissions
In 2021, UNITED ARAB BANK reported carbon emissions of approximately 345,820 kg CO2e, all of which were classified under Scope 2, indicating emissions from purchased electricity. This marked a slight decrease from 2020, when emissions were about 355,270 kg CO2e, and from 2019, which recorded emissions of approximately 362,520 kg CO2e. Notably, the bank has not disclosed any Scope 1 or Scope 3 emissions during these years. Despite the reductions in Scope 2 emissions, UNITED ARAB BANK has not set specific reduction targets or climate pledges, nor have they committed to Science-Based Targets Initiative (SBTi) reduction targets. The absence of formal commitments suggests a need for further action in addressing their overall carbon footprint and enhancing their climate strategy. Overall, while UNITED ARAB BANK has demonstrated a trend of decreasing emissions in recent years, the lack of comprehensive climate commitments highlights an opportunity for the bank to strengthen its environmental impact initiatives.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 362,520 | 000,000 | 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.
UNITED ARAB BANK 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.
