Zenith Bank
Zenith Bank Plc, a leading financial institution in Nigeria, is headquartered in Lagos and operates extensively across West Africa. Established in 1990, the bank has achieved significant milestones, including recognition as one of the largest banks in Nigeria by assets and customer base. Zenith Bank is renowned for its comprehensive range of banking services, including retail banking, corporate banking, investment banking, and asset management. Its innovative digital banking solutions set it apart in the competitive landscape, catering to the evolving needs of its diverse clientele. With a strong market position, Zenith Bank has received numerous awards for excellence in service delivery and corporate governance, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Zenith 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
Zenith Bank's score of 24 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Zenith Bank's reported carbon emissions
In 2023, Zenith Bank reported total carbon emissions of approximately 43,690 kg CO2e, with 35,300 kg CO2e attributed to Scope 2 emissions from purchased electricity and 43,690 kg CO2e from Scope 3 emissions. The bank's emissions data for previous years shows a significant focus on Scope 2 and Scope 3 emissions, with 3,590,700 kg CO2e from purchased electricity in 2021 and 796,000 kg CO2e from business travel in 2020. Zenith Bank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank's emissions reporting reflects an ongoing effort to monitor and manage its carbon footprint. The absence of defined reduction targets suggests a need for further commitment to climate action within the banking sector. Overall, while Zenith Bank has made strides in emissions reporting, the lack of concrete reduction initiatives highlights an opportunity for enhanced climate leadership in the financial industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 239,400 | 000,000 | 000,000 | 000,000 |
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.
Zenith Bank is committed to some 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.
