Mashreqbank PSC 2023 IR
The report highlights Mashreq's historic financial and operational milestones in 2023, with net profit surging by 130% to AED 8.6 billion. The company pledged to facilitate AED 110 billion (USD 30 billion) in sustainable finance by 2030, aligning with the UAE's Net Zero by 2050 initiative. Mashreq also committed to the Science-Based Targets initiative (SBTi) Corporate Net-Zero Standard and achieved LEED Zero Energy certification for its Global Headquarters. Additionally, the bank launched the Climb2Change global initiative to integrate its ESG efforts and promote environmental and social impact.
Company: Mashreqbank PSC
Sector: Financials
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 123
Mashreqbank PSC
Integrated Report
The report highlights Mashreq's historic financial and operational milestones in 2023, with net profit surging by 130% to AED 8.6 billion. The company pledged to facilitate AED 110 billion (USD 30 billion) in sustainable finance by 2030, aligning with the UAE's Net Zero by 2050 initiative. Mashreq also committed to the Science-Based Targets initiative (SBTi) Corporate Net-Zero Standard and achieved LEED Zero Energy certification for its Global Headquarters. Additionally, the bank launched the Climb2Change global initiative to integrate its ESG efforts and promote environmental and social impact.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees