National Australia Bank Ltd

Common Name
National Australia Bank
Country
Australia
Sector
Financial Services
Industry
Banks - Diversified
Employees
39,240
Ticker
NAB
Exchange
ASX
Description
National Australia Bank Limited is a prominent financial services institution headquartered in Melbourne, Australia. As one of the country's major banks, it plays a crucial role in the Australian and ...

National Australia Bank's GHG Emissions Data Preview

In 2024, National Australia Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

National Australia Bank has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into National Australia Bank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of National Australia Bank amounted to 55,200 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of National Australia Bank decreased by 12.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

National Australia Bank's Scope 1 Emissions Over Time

201820192020202120222023202405 k10 k15 k20 ktCO2e0%-14%+15%-5%
  • Total Scope 1
  • Year-over-Year Change

What are National Australia Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of National Australia Bank were 5,635 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has National Australia Bank reduced its Scope 1 emissions over time?

Since 2018, National Australia Bank's Scope 1 emissions have decreased by 70.66%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), National Australia Bank's Scope 1 emissions decreased by 4.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are National Australia Bank's Scope 2 emissions?

In 2024, National Australia Bank reported Scope 2 greenhouse gas (GHG) emissions of 2,567 tCOâ‚‚e using the market-based method, and 49,565 tCOâ‚‚e using the location-based method.

Has National Australia Bank reduced its Scope 2 emissions over time?

Compared to the previous year (2023), National Australia Bank's Scope 2 emissions (Location-Based) fell by 13.53% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does National Australia Bank use for Scope 2 reporting?

In 2024, National Australia Bank reported its Scope 2 emissions using the market-based method and using the location-based method.

National Australia Bank's Scope 2 Emissions Over Time

2018201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into National Australia Bank's Value Chain Emissions

In 2024, National Australia Bank reported 15,971,840 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of National Australia Bank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

National Australia Bank's Scope 3 Emissions Over Time

201820192020202120222023202406.5 M13 M19.5 M26 MtCO2e0%-2%+29722%+33%-100%+28925%
  • Total Scope 3
  • Year-over-Year Change

What are National Australia Bank's Scope 3 emissions?

In 2024, National Australia Bank reported total Scope 3 emissions of 15,971,840 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.

Has National Australia Bank reduced its Scope 3 emissions over time?

Since 2018, National Australia Bank's Scope 3 emissions have increased by 25,705.57%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), National Australia Bank's Scope 3 emissions increased by 28,924.93%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does National Australia Bank disclose?

In 2024, National Australia Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of National Australia Bank's Scope 3 emissions?

In 2024, the largest contributors to National Australia Bank's Scope 3 emissions were:

  • Investments (Cat. 15): 15,900,000 tCOâ‚‚e (100%)

National Australia Bank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into National Australia Bank's Total Carbon Footprint

In 2024, National Australia Bank reported a total carbon footprint of 16,027,040 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13,453.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to National Australia Bank's total carbon footprint was Scope 3 emissions, accounting for 99.66% of the company's total carbon footprint, followed by Scope 2 emissions at 0.31%.

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