Abu Dhabi Commercial Bank PJSC 2024 SR
The report highlights ADCB's progress in 2024, including surpassing its interim sustainable finance target a year early, reaching AED 58.6 billion. The bank achieved an MSCI ESG rating upgrade to 'AA' and was included in the FTSE4Good Index Series. Key initiatives included a double materiality assessment aligned with GRI and IFRS standards, and the first wave of sector decarbonisation targets under the Net Zero Banking Alliance. ADCB also focused on digital transformation, with 97% of retail transactions being digital, and maintained a strong commitment to Emiratisation, with UAE nationals comprising approximately 40% of its workforce.
Company: Abu Dhabi Commercial Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: SR
Pages: 141
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Abu Dhabi Commercial Bank PJSC
ESG Report
The report highlights ADCB's progress in 2024, including surpassing its interim sustainable finance target a year early, reaching AED 58.6 billion. The bank achieved an MSCI ESG rating upgrade to 'AA' and was included in the FTSE4Good Index Series. Key initiatives included a double materiality assessment aligned with GRI and IFRS standards, and the first wave of sector decarbonisation targets under the Net Zero Banking Alliance. ADCB also focused on digital transformation, with 97% of retail transactions being digital, and maintained a strong commitment to Emiratisation, with UAE nationals comprising approximately 40% of its workforce.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 28, 2025
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:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees