National Australia Bank (NAB) is a leading financial institution headquartered in Melbourne, Australia. Established in 1893, NAB has grown to become one of the largest banks in the country, serving millions of customers across Australia, New Zealand, and the UK. The bank operates primarily in the banking and financial services industry, offering a comprehensive range of products including personal banking, business banking, and wealth management services. NAB is renowned for its commitment to innovation and customer service, with unique offerings such as its digital banking solutions and tailored financial advice. The bank has achieved significant milestones, including its recognition as a top employer and its efforts in sustainability and community support. With a strong market position, NAB continues to be a trusted partner for individuals and businesses seeking reliable financial solutions.
How does Nab'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.
Mean score of companies in the 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.
Nab's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NAB reported total carbon emissions of approximately 40,479,380 kg CO2e, with Scope 1 emissions at about 60,354,000 kg CO2e, Scope 2 emissions at approximately 111,000 kg CO2e, and Scope 3 emissions reaching about 65,515,000 kg CO2e. This reflects a significant commitment to transparency in their carbon footprint across all scopes. In 2022, NAB's total emissions were around 60,829,000 kg CO2e, with Scope 1 emissions at approximately 65,515,000 kg CO2e and Scope 3 emissions also at about 54,091,000 kg CO2e. The data indicates a focus on reducing emissions, although specific reduction targets or initiatives have not been disclosed. For 2021, NAB's total emissions were reported at approximately 111,979,000 kg CO2e, with Scope 1 emissions of about 64,566,000 kg CO2e, Scope 2 emissions at approximately 64,566,000 kg CO2e, and Scope 3 emissions at around 54,091,000 kg CO2e. Despite the lack of specific reduction targets or climate pledges, NAB's emissions data demonstrates a commitment to monitoring and reporting their carbon emissions, which is essential for future climate action and accountability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 16,544,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 133,680,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Nab 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.