Commercial Bank of Dubai PSC 2022 SR
The report highlights Commercial Bank of Dubai's ESG progress and strategy for 2022, marking its third annual sustainability publication. Key developments include the establishment of a Sustainable Finance Framework and the completion of a comprehensive materiality assessment involving over 10,000 customers. The bank reported a record net profit of AED 1,825 million while advancing financial inclusion through 166,338 Digi accounts. Socially, the bank maintained a 35% Emiratization rate and supported 31 charities. Environmental initiatives focused on reducing single-use plastics and recycling 34,440 kg of paper, alongside a roadmap for integrating climate risk into its enterprise framework.
Company: Commercial Bank of Dubai PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: SR
Pages: 28
Commercial Bank of Dubai PSC
The report highlights Commercial Bank of Dubai's ESG progress and strategy for 2022, marking its third annual sustainability publication. Key developments include the establishment of a Sustainable Finance Framework and the completion of a comprehensive materiality assessment involving over 10,000 customers. The bank reported a record net profit of AED 1,825 million while advancing financial inclusion through 166,338 Digi accounts. Socially, the bank maintained a 35% Emiratization rate and supported 31 charities. Environmental initiatives focused on reducing single-use plastics and recycling 34,440 kg of paper, alongside a roadmap for integrating climate risk into its enterprise framework.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees