National Australia Bank (NAB)

Profile In-Progress
Target year
2050
Alignment with target-setting standards
UNFCCC Race to Zero
Target Status
Achieved
Terminology Tags
  • Net-Zero Pledge
  • Interim Targets
  • Pathways
  • About
  • Similar Actors

Interim Targets

Emissions reduction target
by
2025
Description of Interim Target

We have progressed our work with 34 of 100 of our largest greenhouse gas emitting customers to support them in developing or improving their low-carbon transition plans by 30 September 2023. NAB also provides finance to help customers reduce their emissions with tailored products and services, in 2021. In 2021, we achieved a 55% reduction in our Scope 1 and 2 GHG emissions included in our science-based target compared to our 2019 baseline. Emissions reductions in 2021 have been greater than expected due to the impacts of COVID-19 restricting business activities.

  • Interim Target Baseline Year: 2019
% reductions committed to
51
Interim Target
Emissions reduction target
Baseline Emissions

About

Profile in-progress

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Similar Actors

0% Progress
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0% Progress
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Southern Company Services

0% Progress
Target year: 2050
0%
Target year: 2050
Type of Pledge: Net-Zero
Scope emissions: Scope 1, Scope 2, Scope 3