First Abu Dhabi Bank PJSC 2022 SR
The report highlights First Abu Dhabi Bank's (FAB) progress in its ESG strategy across three pillars: transitioning to a low-carbon future, social responsibility, and transforming governance. In 2022, FAB facilitated AED 33.4 billion in sustainable finance and became the first MENA bank to join the Partnership for Carbon Accounting Financials (PCAF). The bank set 2030 emission reduction targets for high-emitting sectors like Oil and Gas, Power, and Aviation. Socially, FAB achieved 44% Emiratisation and increased women in senior management to 21%. Governance was strengthened by establishing a Board Risk and ESG Committee and implementing an ESG Risk Framework.
Company: First Abu Dhabi Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2022
Type: SR
Pages: 75
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First Abu Dhabi Bank PJSC
ESG Report
The report highlights First Abu Dhabi Bank's (FAB) progress in its ESG strategy across three pillars: transitioning to a low-carbon future, social responsibility, and transforming governance. In 2022, FAB facilitated AED 33.4 billion in sustainable finance and became the first MENA bank to join the Partnership for Carbon Accounting Financials (PCAF). The bank set 2030 emission reduction targets for high-emitting sectors like Oil and Gas, Power, and Aviation. Socially, FAB achieved 44% Emiratisation and increased women in senior management to 21%. Governance was strengthened by establishing a Board Risk and ESG Committee and implementing an ESG Risk Framework.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Jun 23, 2023
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:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees