Dubai Islamic Bank PJSC 2024 SR

The report highlights Dubai Islamic Bank's (DIB) transition from "progress to purpose" in 2024, emphasizing its commitment to sustainable finance and net-zero goals. Key achievements include the issuance of a USD 1 billion Sustainable Sukuk, bringing the total to USD 2.75 billion, and the bank's first sustainability-linked financing for GEMS Education. DIB committed to achieving net-zero Scope 1 and 2 emissions by 2030 and initiated its Scope 3 financed emissions calculation journey. The bank also improved its ESG ratings across major agencies and became a signatory to the UN Global Compact. Social initiatives included expanding financial literacy programs and providing significant community support benefiting over 600,000 individuals.

Company: Dubai Islamic Bank PJSC

Sector: Financials

Country: United Arab Emirates

Year: 2024

Type: SR

Pages: 77

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Dubai Islamic Bank PJSC

Dubai Islamic Bank PJSC 2024 Sustainability Report

Sustainability Report

The report highlights Dubai Islamic Bank's (DIB) transition from "progress to purpose" in 2024, emphasizing its commitment to sustainable finance and net-zero goals. Key achievements include the issuance of a USD 1 billion Sustainable Sukuk, bringing the total to USD 2.75 billion, and the bank's first sustainability-linked financing for GEMS Education. DIB committed to achieving net-zero Scope 1 and 2 emissions by 2030 and initiated its Scope 3 financed emissions calculation journey. The bank also improved its ESG ratings across major agencies and became a signatory to the UN Global Compact. Social initiatives included expanding financial literacy programs and providing significant community support benefiting over 600,000 individuals.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Feb 7, 2025

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