Arab Banking Corp BSC 2023 Sustainability Report
Company: Arab Banking Corp BSC
Sector: Finance & insurance
Country: Bahrain
Year: 2023
Type: Sustainability Report
Pages: 54
The report presents Bank ABC's inaugural 2023 sustainability disclosures, establishing a baseline for its new sustainability strategy and three-year roadmap. It reports 92,552 tCO2e of Scope 1, 2 and 3 emissions excluding financed emissions, alongside 9% renewable energy, 65,272 m3 of water usage, 163 Mt of waste, and 40% recycled waste. The company mobilised US$2.3 billion of sustainable finance during the year, with 88% directed to developing countries. The report also states that external assurance was not obtained for this first disclosure.
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