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Zenith Bank Plc, a leading financial institution headquartered in Nigeria, has established itself as a prominent player in the financial intermediation services sector since its inception in 1990. With a strong presence across major operational regions in West Africa and the UK, Zenith Bank offers a diverse range of services, including corporate banking, retail banking, and investment banking.
Renowned for its innovative banking solutions, Zenith Bank provides unique products such as digital banking services and tailored financial solutions that cater to both individual and corporate clients. The bank's commitment to excellence has earned it numerous accolades, solidifying its position as one of Nigeria's largest and most respected banks. With a focus on customer satisfaction and technological advancement, Zenith Bank continues to lead the way in the financial services industry.
-10 vs industry average
Zenith Bank’s score of 27 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Zenith Bank, a financial intermediation services provider headquartered in NG, has reported various emissions data and climate commitments.
In 2023 and 2022, Zenith Bank reported employee intensity ratios of 578.0 and 590.0 tonnes CO2 per full-time equivalent (FTE) respectively, as detailed in their 2023 annual report.
For 2021, Zenith Bank's total carbon emissions were approximately 15.5 million kg CO2e. This included Scope 1 emissions of approximately 11.6 million kg CO2e, primarily from mobile combustion (about 1.77 million kg CO2e). Scope 2 emissions, stemming from purchased electricity, were about 3.59 million kg CO2e. Scope 3 emissions totalled approximately 310,508 kg CO2e, with business travel accounting for about 193,800 kg CO2e and purchased goods and services for about 45,200 kg CO2e.
In 2020, the bank reported Scope 1 mobile combustion emissions of approximately 1.41 million kg CO2e, Scope 2 purchased electricity emissions of about 3.35 million kg CO2e, and Scope 3 emissions including roughly 79,600 kg CO2e from business travel and 36,800 kg CO2e from purchased goods and services.
For 2019, Zenith Bank's Scope 1 mobile combustion emissions were about 1.75 million kg CO2e, Scope 2 purchased electricity emissions were approximately 2.20 million kg CO2e, and Scope 3 emissions included about 166,300 kg CO2e from business travel and 26,400 kg CO2e from purchased goods and services.
In 2018, the bank disclosed Scope 3 business travel emissions of approximately 239,400 kg CO2e.
Zenith Bank has not published specific carbon reduction targets or commitments.
No climate goals have been disclosed for Zenith Bank yet.
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