Abu Dhabi Commercial Bank PJSC 2023 SR
The report highlights ADCB's significant progress in its sustainability strategy during 2023, a year marked by the UAE hosting COP28. Key achievements include joining the Net Zero Banking Alliance (NZBA) and more than tripling its sustainable finance commitment to AED 125 billion by 2030. The bank issued its second green bond of USD 650 million and integrated Environmental and Social Risk Management (ESRM) into its lending decisions. Socially, ADCB reached a 40% Emiratisation rate and achieved a high Net Promoter Score of 73. The report also details the bank's first climate stress tests and its commitment to transparent ESG reporting aligned with GRI, SASB, and TCFD frameworks.
Company: Abu Dhabi Commercial Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: SR
Pages: 122
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Abu Dhabi Commercial Bank PJSC
ESG Report
The report highlights ADCB's significant progress in its sustainability strategy during 2023, a year marked by the UAE hosting COP28. Key achievements include joining the Net Zero Banking Alliance (NZBA) and more than tripling its sustainable finance commitment to AED 125 billion by 2030. The bank issued its second green bond of USD 650 million and integrated Environmental and Social Risk Management (ESRM) into its lending decisions. Socially, ADCB reached a 40% Emiratisation rate and achieved a high Net Promoter Score of 73. The report also details the bank's first climate stress tests and its commitment to transparent ESG reporting aligned with GRI, SASB, and TCFD frameworks.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 24, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees