National Australia Bank Ltd

Common Name
National Australia Bank
Country
Australia
Sector
Financial Services
Industry
Banks - Diversified
Employees
41,880
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
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Unspecified Calculation Method
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data

Verified Sources Behind National Australia Bank’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore National Australia Bank’s data sources below and access millions more through our Disclosure Search.

a. National Australia Bank's Climate Assessment Report 2024
a. National Australia Bank's Climate Assessment Report 2024
b. National Australia Bank's ClimateWise Report 2023
b. National Australia Bank's ClimateWise Report 2023
c. National Australia Bank's ESG Data Spreadsheet 2020
c. National Australia Bank's ESG Data Spreadsheet 2020

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). a

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. a

National Australia Bank's Scope 1 Emissions Over Time

20182019202020222023202405 k10 k15 k20 ktCO2e0%-14%-69%+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 CO₂ equivalent (tCO₂e). a

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. a c

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. a

What are National Australia Bank's Scope 2 emissions?

In 2024, National Australia Bank reported Scope 2 greenhouse gas (GHG) emissions of 2,567 tCO₂e using the market-based method and 49,565 tCO₂e using the location-based method. a

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. a

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. a

National Australia Bank's Scope 2 Emissions Over Time

201820192020202220232024025 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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a c

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. a

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. a

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: a

  • Investments (Cat. 15): 15,900,000 tCO₂e (100%)

National Australia Bank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into National Australia Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, National Australia Bank reported Scope 1 greenhouse gas (GHG) emissions of 5,635 tCO₂e and total revenues of USD 14,255 millions. This translates into an emissions intensity of 0.4 tCO₂e per millions USD. a

National Australia Bank's Scope 1 Emissions Intensity Compared to Peers

201,00020,0001,000,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)WWestpac BankingYear: 2024Scope 1: 6,262 tCO2eRevenue: $M 14,924Scope 1 Intensity: 0.42 tCO2e/$MPerpetualYear: 2024Scope 1: 3 tCO2eRevenue: $M 882Scope 1 Intensity: 0.00 tCO2e/$MBank of Queensland LtdYear: 2024Scope 1: 328 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.30 tCO2e/$MAUB GroupYear: 2023Scope 1: 621 tCO2eRevenue: $M 493Scope 1 Intensity: 1.26 tCO2e/$MMacquarie GroupYear: 2025Scope 1: 482 tCO2eRevenue: $M 4,243Scope 1 Intensity: 0.11 tCO2e/$MBendigo and Adelaide BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,402Scope 1 Intensity: 0.00 tCO2e/$MSuncorp GroupYear: 2025Scope 1: 2,531 tCO2eRevenue: $M 10,152Scope 1 Intensity: 0.25 tCO2e/$MWWWHSP HoldingsYear: 2024Scope 1: 8,375 tCO2eRevenue: $M 386Scope 1 Intensity: 21.72 tCO2e/$MHub24Year: 2023Scope 1: 2 tCO2eRevenue: $M 184Scope 1 Intensity: 0.01 tCO2e/$MQBE Insurance GroupYear: 2024Scope 1: 7,746 tCO2eRevenue: $M 28,796Scope 1 Intensity: 0.27 tCO2e/$MANZ Group HoldingsYear: 2024Scope 1: 5,958 tCO2eRevenue: $M 14,072Scope 1 Intensity: 0.42 tCO2e/$MEvolution MiningYear: 2024Scope 1: 225,199 tCO2eRevenue: $M 39Scope 1 Intensity: 5,839.16 tCO2e/$MCommonwealth BankYear: 2025Scope 1: 5,592 tCO2eRevenue: $M 18,866Scope 1 Intensity: 0.30 tCO2e/$MMedibankYear: 2024Scope 1: 69 tCO2eRevenue: $M 5,367Scope 1 Intensity: 0.01 tCO2e/$MZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MComputershareYear: 2024Scope 1: 3,344 tCO2eRevenue: $M 4,544Scope 1 Intensity: 0.74 tCO2e/$MChallengerYear: 2024Scope 1: 3 tCO2eRevenue: $M 426Scope 1 Intensity: 0.01 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MInsurance Australia GroupYear: 2025Scope 1: 6,770 tCO2eRevenue: $M 9,717Scope 1 Intensity: 0.70 tCO2e/$MASXYear: 2025Scope 1: 37 tCO2eRevenue: $M 743Scope 1 Intensity: 0.05 tCO2e/$MSteadfast GroupYear: 2024Scope 1: 704 tCO2eRevenue: $M 801Scope 1 Intensity: 0.88 tCO2e/$MNational Australia BankYear: 2024Scope 1: 5,635 tCO2eRevenue: $M 14,255Scope 1 Intensity: 0.40 tCO2e/$M

How does National Australia Bank's GHG emissions intensity compare to its peers?

In 2024, National Australia Bank reported a Scope 1 emissions intensity of 0.4 tCO₂e per millions USD. Compared to the peer group median of 0.27 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does National Australia Bank rank on GHG emissions intensity within its industry?

In 2024, National Australia Bank ranked 14 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

National Australia Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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 CO₂ equivalent (tCO₂e) 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. a

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%. a

Want Full Access to National Australia Bank's GHG Emissions Dataset?
Sign Up