Emirates NBD Brings Carbon Tracking to ENBD X App to Drive Sustainable Spending

Emirates NBD Brings Carbon Tracking to ENBD X App to Drive Sustainable Spending

Emirates NBD, a number one banking group in the Middle East, North Africa, and Türkiye (MENAT) area, has launched a new service designed to assist clients confirm their carbon footprint based on their daily transactions.

The new feature, dubbed the ENBD X Carbon Calculator, shall be obtainable straight within the ENBD X Mobile Banking app. It permits practically two million customers to hyperlink their monetary wellbeing with tangible local weather action.

How the Carbon Calculator works

The newly launched product mechanically analyses a buyer’s transactions and estimates the related CO2 emissions.

By offering a visible illustration of this data, clients can measure, handle, and meaningfully scale back their emissions by altering their spending patterns to be more sustainable.

The feature affords a spread of instruments to drive behavioural change, including:

Aligning with Net-Zero ambitions

Vijay Bains, chief sustainability officer and group head of ESG at Emirates NBD

The initiative is positioned as a key step in Emirates NBD’s broader Environmental, Social, and Governance (ESG) strategy. It aligns with national targets to advance environmental and societal resilience and helps the UAE’s transition to a low-carbon future.

Vijay Bains, chief sustainability officer and group head of ESG at Emirates NBD, said: “Emirates NBD is resolute in its Net-Zero 2050 commitment and actively forging the UAE’s low-carbon future through deep, strategic investments. We empower our customers not only to understand, but to actively shape and reduce their environmental footprint, fostering a collective impact for a healthier, more resilient global future. The new Carbon Calculator redefines the boundaries of responsible banking, setting a benchmark for the region.”

Yousuf Saeed Mohd, group head of precedence and private banking, and retail banking sales at Emirates NBD, added: “Awareness marks the beginning of change. At Emirates NBD we are happy to announce the Carbon Calculator as a strong, defining step that will empower our customers with a visual representation of their environmental impact and insights to drive responsible action and financial wellbeing. Such initiatives demonstrate our ability to innovate while aligning with critical environment and social goals.”

Emirates NBD at the moment serves over 9 million energetic clients across 13 nations. The banking group has beforehand demonstrated its give attention to sustainability by changing into the first financial institution globally to publish an IFRS S1 and S2-aligned report, alongside the assurance of its financed emissions.

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