Abu Dhabi Islamic Bank PJSC 2022 AR2
The report outlines Abu Dhabi Islamic Bank's (ADIB) financial and sustainability milestones for the fiscal year 2022. The bank achieved a record-breaking net profit of AED 3.62 billion, representing a 55% increase year-on-year, and a return on equity of 21.4%. In terms of ESG progress, ADIB committed AED 6.2 billion to sustainable financing and achieved significant reductions in Scope 1 and Scope 2 emissions. Additionally, the bank refreshed its materiality assessment to focus on 14 key topics, initiated a standalone three-year ESG strategy, and increased its Emiratisation rate to 45%.
Company: Abu Dhabi Islamic Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: AR2
Pages: 101
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Abu Dhabi Islamic Bank PJSC
Annual Report
The report outlines Abu Dhabi Islamic Bank's (ADIB) financial and sustainability milestones for the fiscal year 2022. The bank achieved a record-breaking net profit of AED 3.62 billion, representing a 55% increase year-on-year, and a return on equity of 21.4%. In terms of ESG progress, ADIB committed AED 6.2 billion to sustainable financing and achieved significant reductions in Scope 1 and Scope 2 emissions. Additionally, the bank refreshed its materiality assessment to focus on 14 key topics, initiated a standalone three-year ESG strategy, and increased its Emiratisation rate to 45%.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees