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 93% 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 carbon emissions of approximately 23,050,000 kg CO2e for Scope 2 and about 737,000 kg CO2e for Scope 1, totalling around 23,787,000 kg CO2e in the United Arab Emirates (AE). This reflects a commitment to transparency in their emissions reporting, focusing on direct and indirect emissions from their operations. Emirates NBD has set ambitious climate commitments, including a long-term target to achieve net-zero emissions across all scopes by 2050. They are actively engaged in the Science Based Targets initiative (SBTi) and have committed to reducing their carbon footprint in alignment with global climate goals. The bank's near-term targets are currently classified as "Committed," indicating a proactive approach to sustainability. The bank's emissions data shows a consistent effort to monitor and manage their environmental impact, with a focus on reducing Scope 1 and Scope 2 emissions. As part of their strategy, Emirates NBD is also exploring initiatives to address Scope 3 emissions, which encompass indirect emissions from their value chain. Overall, Emirates NBD's climate commitments and emissions data underscore their dedication to sustainability and responsible banking practices in the financial sector.
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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.
