ESG Summary

Overview

The report highlights FAB's progress in 2024 toward its sustainable and transition finance target, having facilitated AED 267 bn, or 53% of the AED 500 bn 2030 goal. It also reports estimated operational emissions of 5,813 tCO2e for Scope 1, 28,440 tCO2e for Scope 2 and 3,508 tCO2e for Scope 3, subject to limited assurance. ESG oversight is led by the Board of Directors and supported by dedicated risk and ESG committees.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Condensed report
Fiscal year: 2024
Language: English
Pages
File size

Standards

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

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Level
Scope
Statement included
Metrics assured

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