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 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.
Nab's score of 56 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, NAB reported total carbon emissions of approximately 131,000,000 kg CO2e, comprising 51,494,000 kg CO2e from Scope 1, 102,000 kg CO2e from Scope 2, and 76,837,000 kg CO2e from Scope 3. This represents a decrease from 2023, where emissions were about 131,000,000 kg CO2e, with Scope 1 emissions at 60,354,000 kg CO2e, Scope 2 at 111,000 kg CO2e, and Scope 3 at 65,515,000 kg CO2e. NAB has set a significant climate commitment to achieve a 100% reduction in emissions from thermal coal by 2030, using 2021 as the baseline year. This ambitious target reflects NAB's commitment to addressing climate change and reducing its overall carbon footprint. The bank's emissions data indicates a comprehensive approach to tracking and managing emissions across all scopes, demonstrating transparency and accountability in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 16,544,000 | - | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 133,680,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
Scope 3 | - | 000,000,000 | 00,000,000 | 0,000 | 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 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.