Emirates Nbd
Emirates NBD, officially known as Emirates National Bank of Dubai, is a leading banking institution headquartered in Dubai, United Arab Emirates (AE). Established in 2007 through the merger of Emirates Bank International and National Bank of Dubai, it has rapidly grown to become one of the largest banks in the Middle East, with a strong presence across the UAE and key markets in the region. Operating primarily in the financial services industry, Emirates NBD offers a comprehensive range of products and services, including retail banking, corporate banking, investment solutions, and wealth management. Its innovative digital banking platform sets it apart, providing customers with seamless access to banking services. Recognised for its commitment to excellence, Emirates NBD has received numerous awards, solidifying its position as a trusted financial partner in the region.
DitchCarbon Score
How does Emirates Nbd'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 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
Emirates Nbd's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Emirates Nbd's reported carbon emissions
In 2023, Emirates NBD reported total carbon emissions of approximately 377,772,000 kg CO2e, with emissions distributed across various scopes: 970,000 kg CO2e (Scope 1), 23,216,000 kg CO2e (Scope 2), and a significant 353,585,000 kg CO2e (Scope 3). This reflects a commitment to transparency in their carbon footprint, particularly in Scope 3 emissions, which often represent the largest share for financial institutions. In terms of historical data, Emirates NBD's emissions have fluctuated over the years. For instance, in 2022, their total emissions were about 337,892,000 kg CO2e, with Scope 1 and Scope 2 emissions at 1,055,000 kg CO2e and 28,915,000 kg CO2e, respectively. The bank has set ambitious climate commitments, including a long-term target to achieve net-zero emissions across all scopes by 2050, as part of their Science Based Targets initiative (SBTi) commitment, which they formalised in 2023. Emirates NBD's ongoing efforts to reduce their carbon footprint are evident in their strategic initiatives aimed at minimising emissions, particularly in Scope 3, which encompasses indirect emissions from their value chain. The bank's focus on sustainability aligns with global trends in the financial sector, where institutions are increasingly held accountable for their environmental impact.
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Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 367,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 81,329,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 8,682,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000,000 | 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.
Emirates Nbd 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.
