First Abu Dhabi Bank PJSC 2022 AR2
The report highlights First Abu Dhabi Bank's (FAB) strategic progress and financial performance for the fiscal year 2022. As the UAE's largest bank, FAB achieved a record net profit of AED 13.4 billion and committed to facilitating USD 75 billion in sustainable finance by 2030, with USD 9.1 billion facilitated in 2022 alone. The bank became the first GCC bank to join the Net Zero Banking Alliance, committing to net-zero emissions by 2050. Additionally, FAB advanced its digital transformation, with nearly 90% of transactions completed digitally, and improved its Emiratisation rate to 43.8%.
Company: First Abu Dhabi Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2022
Type: AR2
Pages: 83
Back to company
First Abu Dhabi Bank PJSC
Annual Report
The report highlights First Abu Dhabi Bank's (FAB) strategic progress and financial performance for the fiscal year 2022. As the UAE's largest bank, FAB achieved a record net profit of AED 13.4 billion and committed to facilitating USD 75 billion in sustainable finance by 2030, with USD 9.1 billion facilitated in 2022 alone. The bank became the first GCC bank to join the Net Zero Banking Alliance, committing to net-zero emissions by 2050. Additionally, FAB advanced its digital transformation, with nearly 90% of transactions completed digitally, and improved its Emiratisation rate to 43.8%.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees