Emirates Nbd Sustainability Profile
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 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
Emirates Nbd's score of 61 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Emirates Nbd's reported carbon emissions
In 2024, Emirates NBD reported total carbon emissions of approximately 331,125,930 kg CO2e, with emissions distributed across Scope 1 (527,380 kg CO2e), Scope 2 (31,668,140 kg CO2e), and a significant Scope 3 contribution of about 298,930,410 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. For the previous year, 2023, the bank's emissions were recorded at approximately 377,772,000 kg CO2e globally, with Scope 1 emissions at 970,000 kg CO2e, Scope 2 at 23,216,000 kg CO2e, and Scope 3 emissions reaching about 353,585,000 kg CO2e. This indicates a notable focus on understanding and managing their carbon footprint across all operational levels. Emirates NBD has committed to achieving net-zero emissions by 2050, as part of their long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which they joined in 2023, indicating a proactive stance towards climate action and sustainability within the financial sector. The bank's initiatives also include significant energy savings from green buildings, estimated at approximately 77,993,356.5 kWh annually, and renewable energy contributions that avoid about 92,122.1 kg CO2e emissions each year. These efforts demonstrate Emirates NBD's dedication to reducing its environmental impact while promoting sustainable finance practices. Overall, Emirates NBD's emissions data and climate commitments reflect a robust framework for addressing climate change, with clear targets and ongoing initiatives aimed at reducing their carbon footprint in the United Arab Emirates and beyond.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 68,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 57,854,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Emirates Nbd's Industry?
How Carbon Intensive is Emirates Nbd's Location?
Emirates Nbd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Emirates Nbd has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Emirates Nbd's sustainability data and climate commitments