Nab Sustainability Profile
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.
DitchCarbon Score
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.
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
Nab's score of 56 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nab's reported carbon emissions
In 2025, NAB reported carbon emissions of approximately 49,750,000 kg CO2e from Scope 1, primarily due to mobile combustion, and about 78,259,000 kg CO2e from Scope 3 emissions. In 2024, NAB's emissions included approximately 5,138,000 kg CO2e from Scope 1 and about 71,006,000 kg CO2e from Scope 3. For 2023, NAB disclosed total emissions of around 65,515,000 kg CO2e, with 5,293,000 kg CO2e from Scope 1, 57,320,000 kg CO2e from Scope 2, and 55,028,000 kg CO2e from Scope 3. NAB has set ambitious climate commitments, aiming to source 100% of its energy from renewable sources by 2025 and to achieve a 51% reduction in greenhouse gas emissions by the same year, based on a 2015 baseline. Additionally, the bank is working towards net zero emissions by 2050 and has committed to a 100% reduction in emissions from thermal coal by 2030, against a 2021 baseline. These targets reflect NAB's commitment to sustainability and its role in supporting customers in their climate efforts.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,848,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 177,540,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | 112,636,000 | 000,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Nab's Industry?
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Nab's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nab has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
