Bank of Sharjah PJSC 2024 IR
The report highlights Bank of Sharjah's outstanding performance in 2024, marked by a net profit of AED 385 million compared to a net loss of AED 275 million in 2023. The bank made significant progress in its digital transformation, with 69% of customer payments conducted digitally, and expanded its sustainable finance portfolio to $240 million. On the environmental front, the bank achieved a 39.3% reduction in Scope 1 emissions and recycled 100% of its electronic waste. Additionally, the bank demonstrated strong social commitment by contributing AED 2.24 million to community initiatives and maintaining a diverse workforce with 49.5% female representation.
Company: Bank of Sharjah PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 204
Bank of Sharjah PJSC
The report highlights Bank of Sharjah's outstanding performance in 2024, marked by a net profit of AED 385 million compared to a net loss of AED 275 million in 2023. The bank made significant progress in its digital transformation, with 69% of customer payments conducted digitally, and expanded its sustainable finance portfolio to $240 million. On the environmental front, the bank achieved a 39.3% reduction in Scope 1 emissions and recycled 100% of its electronic waste. Additionally, the bank demonstrated strong social commitment by contributing AED 2.24 million to community initiatives and maintaining a diverse workforce with 49.5% female representation.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Apr 23, 2025
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees