Islamic Development Bank 2023 AR2
The report marks the Islamic Development Bank's 50th year, highlighting the successful rollout of its Realigned Strategy (2023-2025). In 2023, the IsDB Group approved US$12 billion in development financing, a 15.3% increase from 2022, focusing on food security, green growth, and inclusive human capital. Significant efforts were directed toward the Food Security Response Program and emergency assistance for countries impacted by natural disasters like earthquakes and floods. The bank maintained its AAA credit rating for the 21st consecutive year and achieved a 37% climate finance share, exceeding its 2025 target. Additionally, the bank introduced a new Career Management Policy to enhance staff development and diversity.
Company: Islamic Development Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: AR2
Pages: 112
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Islamic Development Bank
Annual Report
The report marks the Islamic Development Bank's 50th year, highlighting the successful rollout of its Realigned Strategy (2023-2025). In 2023, the IsDB Group approved US$12 billion in development financing, a 15.3% increase from 2022, focusing on food security, green growth, and inclusive human capital. Significant efforts were directed toward the Food Security Response Program and emergency assistance for countries impacted by natural disasters like earthquakes and floods. The bank maintained its AAA credit rating for the 21st consecutive year and achieved a 37% climate finance share, exceeding its 2025 target. Additionally, the bank introduced a new Career Management Policy to enhance staff development and diversity.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Women on Board