Corporate ESG Report

Overview

The report says FAB launched a Group ESG Strategy and transformed its ESG Governance structure in 2021. The company joined the Net Zero Banking Alliance as the first bank in the UAE and GCC, and set a USD 75bn sustainable-finance target for 2030. Group 2021 emissions were reported as 2,618 tCO2e for Scope 1, 28,433 tCO2e for Scope 2 and 4,827 tCO2e for Scope 3. Women represented 42% of the total workforce, while 0% of board members were female.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2021
Period: Ends 31 December 2021
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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