Arab Bank Group 2023 SR
The report outlines Arab Bank's ESG progress for 2023, focusing on its operations in Jordan, Palestine, and Egypt. Key highlights include the launch of a comprehensive ESG strategy, the issuance of a USD 250 million sustainable Additional Tier 1 capital security, and sourcing 90% of electricity in Jordan from renewable energy. The bank also implemented a Women Empowerment Strategic Framework and a new Material and Waste Management Strategy. Community investments totaled approximately USD 25 million across its primary markets.
Company: Arab Bank Group
Sector: Financials
Country: Jordan
Year: 2023
Type: SR
Pages: 58
Arab Bank Group
ESG Report
The report outlines Arab Bank's ESG progress for 2023, focusing on its operations in Jordan, Palestine, and Egypt. Key highlights include the launch of a comprehensive ESG strategy, the issuance of a USD 250 million sustainable Additional Tier 1 capital security, and sourcing 90% of electricity in Jordan from renewable energy. The bank also implemented a Women Empowerment Strategic Framework and a new Material and Waste Management Strategy. Community investments totaled approximately USD 25 million across its primary markets.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees