The Arab Energy Fund 2022 Annual Report with Sustainability Disclosures
Company: The Arab Energy Fund
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 106
The report highlights the company's sustainability-driven finance in 2022, with ESG principles deployed across operations and environmental and socially-linked projects comprising 14% of the loan portfolio. It also reports US$335 Mn allocated from the green bond to 10 projects in five countries. The company launched a first-of-its-kind MENA US$75 Mn Murabaha facility to fund carbon offsets.
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