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 65% 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 2022, Zenith Bank reported total carbon emissions of approximately 19,870 kg CO2e, with emissions from purchased electricity (Scope 2) accounting for about 53,140 kg CO2e. The bank also disclosed Scope 3 emissions, which totalled 19,870 kg CO2e, although specific categories were not detailed. In 2021, the bank's total emissions were significantly higher at approximately 15,525,400 kg CO2e, with Scope 1 emissions contributing about 11,644,050 kg CO2e and Scope 2 emissions from purchased electricity at around 3,590,700 kg CO2e. Scope 3 emissions for that year were reported at approximately 310,508 kg CO2e, including business travel and purchased goods and services. Zenith Bank has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The bank's emissions data reflects its operational impact and highlights the importance of ongoing monitoring and potential strategies for emissions reduction in line with industry standards.
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.
