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 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 32 is higher than 52% 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 all three scopes: Scope 1 emissions were about 527,380 kg CO2e, Scope 2 emissions totalled approximately 31,668,140 kg CO2e, and Scope 3 emissions accounted for about 298,930,410 kg CO2e. In 2023, the bank's emissions in Egypt were reported at approximately 31,554,141,000 kg CO2e, with Scope 1 emissions of about 130,710,000 kg CO2e, Scope 2 emissions of approximately 1,158,639,000 kg CO2e, and Scope 3 emissions reaching about 30,264,792,000 kg CO2e. For the year 2022, Emirates NBD's emissions in the UAE were approximately 27,681,000 kg CO2e, with Scope 1 emissions at about 3,132,620 kg CO2e and Scope 2 emissions around 23,083,000 kg CO2e. In Egypt, the same year saw total emissions of approximately 35,513,565,000 kg CO2e, with Scope 1 emissions of about 208,353,000 kg CO2e, Scope 2 emissions of approximately 3,088,996,000 kg CO2e, and Scope 3 emissions at about 32,216,216,000 kg CO2e. Emirates NBD has committed to achieving net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. This long-term target reflects the bank's dedication to addressing climate change and reducing its carbon footprint in alignment with global climate goals.
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| 2020 | 2021 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,061,000 | 0,000,000 | 000,000 |
| Scope 2 | 29,278,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 21,000 | 00,000 | 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 participating in some of the initiatives that 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.
