Dubai Islamic Bank PJSC 2023 SR
The report highlights Dubai Islamic Bank's (DIB) progress in ESG practices for 2023, focusing on its strategy to lead by example and finance a sustainable future. Key achievements include the issuance of a USD 1 billion Sustainable Sukuk, the largest by a Middle East financial institution, and a commitment to mobilize over AED 1 trillion in sustainable finance by 2030. The bank reported a 44% Emiratisation ratio and significant community support totaling AED 549 million. Environmentally, DIB launched the 'One Tree for Everyone' campaign and partnered with 'Dubai Can' to reduce plastic waste. The report also details the bank's efforts in digital transformation through DIB 'alt' and the integration of ESG scorecards into risk and credit assessments.
Company: Dubai Islamic Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: SR
Pages: 63
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Dubai Islamic Bank PJSC
Sustainability Report
The report highlights Dubai Islamic Bank's (DIB) progress in ESG practices for 2023, focusing on its strategy to lead by example and finance a sustainable future. Key achievements include the issuance of a USD 1 billion Sustainable Sukuk, the largest by a Middle East financial institution, and a commitment to mobilize over AED 1 trillion in sustainable finance by 2030. The bank reported a 44% Emiratisation ratio and significant community support totaling AED 549 million. Environmentally, DIB launched the 'One Tree for Everyone' campaign and partnered with 'Dubai Can' to reduce plastic waste. The report also details the bank's efforts in digital transformation through DIB 'alt' and the integration of ESG scorecards into risk and credit assessments.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jan 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees