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 44 is higher than 69% 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 2023, Emirates NBD reported significant carbon emissions, totalling approximately 23,050,000 kg CO2e for Scope 2 and about 737,000 kg CO2e for Scope 1, resulting in a combined total of approximately 23,787,000 kg CO2e for these two scopes. The bank has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects a proactive approach to climate action within the financial sector. Emirates NBD's emissions data indicates a focus on reducing its carbon footprint, particularly in Scope 2 emissions, which primarily arise from purchased electricity. The bank's commitment to net-zero emissions underscores its dedication to sustainability and responsible banking practices. As part of its climate strategy, Emirates NBD aims to implement measures that will contribute to significant reductions in its overall emissions, although specific near-term reduction targets have not been disclosed. Overall, Emirates NBD is taking substantial steps towards addressing climate change, with a clear commitment to reducing its carbon emissions and contributing to a sustainable future in the UAE and beyond.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 969,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 49,253,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,390,000 | 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 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.
