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 45 is higher than 97% 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: 130,710,000 kg CO2e from Scope 1, 1,158,639,000 kg CO2e from Scope 2, and 30,264,792,000 kg CO2e from Scope 3. This marked a significant increase in emissions compared to previous years, reflecting the bank's expanding operations. In 2022, the bank's emissions were approximately 337,892,000 kg CO2e, with Scope 1 emissions at 208,353,000 kg CO2e, Scope 2 at 3,088,996,000 kg CO2e, and Scope 3 at 32,216,216,000 kg CO2e. The trend indicates a growing carbon footprint, particularly in Scope 3 emissions, which encompass indirect emissions from the bank's value chain. Emirates NBD has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment encompasses all scopes of emissions, demonstrating the bank's dedication to addressing climate change and reducing its overall environmental impact. The bank's near-term target status is marked as "Committed," indicating proactive steps towards its sustainability goals. Overall, Emirates NBD's climate commitments reflect a strategic approach to managing carbon emissions while navigating the challenges of growth in the financial sector.
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Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 367,000 | 000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 81,329,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 8,682,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
