Commercial Bank International PSC 2022 AR2
The report highlights Commercial Bank International's (CBI) financial, environmental, social, and governance performance for the year 2022. Notably, the bank achieved a 15% increase in net profit to AED 150 million and expanded its digital capabilities, including launching its first public Metaverse activation. On the environmental front, CBI tracked its Scope 1, 2, and 3 emissions, noting a 2.5% increase in Scope 2 emissions while opening new green-focused offices. In social performance, the bank increased its Emiratisation rate to 23.9% and became the first bank in the UAE to adopt a four-and-a-half-day work week to support employee well-being.
Company: Commercial Bank International PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: AR2
Pages: 191
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Commercial Bank International PSC
Annual Report
The report highlights Commercial Bank International's (CBI) financial, environmental, social, and governance performance for the year 2022. Notably, the bank achieved a 15% increase in net profit to AED 150 million and expanded its digital capabilities, including launching its first public Metaverse activation. On the environmental front, CBI tracked its Scope 1, 2, and 3 emissions, noting a 2.5% increase in Scope 2 emissions while opening new green-focused offices. In social performance, the bank increased its Emiratisation rate to 23.9% and became the first bank in the UAE to adopt a four-and-a-half-day work week to support employee well-being.
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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
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Employees