Islamic Development Bank 2020 AR2
The report details the Islamic Development Bank's strategic response to the COVID-19 pandemic in 2020 through its US$2.3 billion Strategic Preparedness and Response Programme. It highlights the bank's commitment to the Sustainable Development Goals, including the issuance of a US$1.5 billion COVID-19 Sustainability Sukuk and a US$7.92 billion General Capital Increase. The bank focused on human capital development, infrastructure, and agriculture, while advancing Science, Technology, and Innovation initiatives. Furthermore, the report emphasizes the transition to a new business model centered on Global Value Chains and market-driven development to enhance economic resilience in member countries.
Company: Islamic Development Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2020
Type: AR2
Pages: 124
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Islamic Development Bank
Annual Report
The report details the Islamic Development Bank's strategic response to the COVID-19 pandemic in 2020 through its US$2.3 billion Strategic Preparedness and Response Programme. It highlights the bank's commitment to the Sustainable Development Goals, including the issuance of a US$1.5 billion COVID-19 Sustainability Sukuk and a US$7.92 billion General Capital Increase. The bank focused on human capital development, infrastructure, and agriculture, while advancing Science, Technology, and Innovation initiatives. Furthermore, the report emphasizes the transition to a new business model centered on Global Value Chains and market-driven development to enhance economic resilience in member countries.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available