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 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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UNITED ARAB BANK's reported carbon emissions
In 2023, United Arab Bank (UAB) reported total carbon emissions of approximately 13,933,000 kg CO2e. This figure includes 523,000 kg CO2e from Scope 1 emissions and about 13,310,000 kg CO2e from Scope 2 emissions. In comparison, the previous year, 2022, UAB's total emissions were approximately 13,917,000 kg CO2e, with Scope 1 emissions at 1,479,000 kg CO2e and Scope 2 emissions at 12,367,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. UAB has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. The bank has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent organization, and all figures are reported directly by United Arab Bank P.J.S.C. As the bank continues to assess its environmental impact, it may consider establishing reduction targets to align with global climate goals.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 472,000 | 0,000,000 | 000,000 |
| Scope 2 | 20,112,000 | 00,000,000 | 00,000,000 |
| 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 participating in any of the initiatives that 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.
