First Abu Dhabi Bank PJSC 2018 SR
The report highlights First Abu Dhabi Bank's (FAB) sustainability performance for 2018, following its 2017 merger. Key achievements include a 10% increase in net profit to AED 12.0 billion and the issuance of the MENA region's first Green Loan for Masdar. The bank maintained its position as the safest bank in the Middle East and was included in the MSCI Emerging Markets and FTSE4Good Emerging Indices. FAB invested AED 37 million in employee training and achieved a 33% Emiratisation rate. Environmental efforts resulted in a "B" score from CDP, though paper consumption increased. The bank also launched the #PeopleWithPurpose volunteer programme and supported Gavi, the Vaccine Alliance, with USD 88 million in financing.
Company: First Abu Dhabi Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2018
Type: SR
Pages: 42
First Abu Dhabi Bank PJSC
The report highlights First Abu Dhabi Bank's (FAB) sustainability performance for 2018, following its 2017 merger. Key achievements include a 10% increase in net profit to AED 12.0 billion and the issuance of the MENA region's first Green Loan for Masdar. The bank maintained its position as the safest bank in the Middle East and was included in the MSCI Emerging Markets and FTSE4Good Emerging Indices. FAB invested AED 37 million in employee training and achieved a 33% Emiratisation rate. Environmental efforts resulted in a "B" score from CDP, though paper consumption increased. The bank also launched the #PeopleWithPurpose volunteer programme and supported Gavi, the Vaccine Alliance, with USD 88 million in financing.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Jul 1, 2019
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
Workplace Fatalities
Employees