Commercial Bank International PSC 2024 AR2
The report highlights Commercial Bank International's (CBI) strong financial and operational performance in 2024, with profit before tax increasing by 30% to AED 222.7 million. During the year, the bank approved its ESG & Sustainability Strategy and Governance framework, establishing a dedicated ESG team and committee. CBI also forged key sustainability partnerships, including an investment in carbon project developer Boomitra and a collaboration with e& enterprise and World Wide Generation to launch a National Sustainable Finance Utility. Additionally, the bank advanced its social commitments by achieving a 32% Emiratisation rate and dedicating over 13,500 hours to employee training.
Company: Commercial Bank International PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: AR2
Pages: 151
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Commercial Bank International PSC
Annual Report
The report highlights Commercial Bank International's (CBI) strong financial and operational performance in 2024, with profit before tax increasing by 30% to AED 222.7 million. During the year, the bank approved its ESG & Sustainability Strategy and Governance framework, establishing a dedicated ESG team and committee. CBI also forged key sustainability partnerships, including an investment in carbon project developer Boomitra and a collaboration with e& enterprise and World Wide Generation to launch a National Sustainable Finance Utility. Additionally, the bank advanced its social commitments by achieving a 32% Emiratisation rate and dedicating over 13,500 hours to employee training.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees