Commercial Bank International PSC 2024 Annual Report with Sustainability Disclosures
Company: Commercial Bank International PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 151
The report presents CBI's 2024 sustainability strategy and governance framework, including Board oversight, an ESG & Sustainability Committee and a dedicated ESG team. It identifies material topics through a double materiality assessment and reports Scope 1, 2 and 3 emissions, energy use and water consumption. Notable initiatives include sustainable-finance partnerships with e& enterprise and World Wide Generation, investment in Boomitra, and 84% local procurement spend. The report also records 503 employees, 43% female workforce representation and 22% female Board representation.
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