First Abu Dhabi Bank PJSC 2024 SR
The report highlights First Abu Dhabi Bank's (FAB) progress in 2024 toward its sustainability goals, including facilitating AED 267 billion in sustainable and transition finance, reaching 53% of its 2030 target. The company introduced a comprehensive Group Climate Risk Policy and Framework and was elected Chair of the Net Zero Banking Alliance Steering Group. FAB achieved a 36% reduction in greenhouse gas emission intensity per FTE compared to its 2019 baseline. Additionally, the bank supported SMEs with AED 4.3 billion in financing and increased female representation in senior leadership to 16%.
Company: First Abu Dhabi Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2024
Type: SR
Pages: 84
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First Abu Dhabi Bank PJSC
ESG Report
The report highlights First Abu Dhabi Bank's (FAB) progress in 2024 toward its sustainability goals, including facilitating AED 267 billion in sustainable and transition finance, reaching 53% of its 2030 target. The company introduced a comprehensive Group Climate Risk Policy and Framework and was elected Chair of the Net Zero Banking Alliance Steering Group. FAB achieved a 36% reduction in greenhouse gas emission intensity per FTE compared to its 2019 baseline. Additionally, the bank supported SMEs with AED 4.3 billion in financing and increased female representation in senior leadership to 16%.
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Document Details
Report Year
2024
Reporting Period
2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Net Zero Target