National Bank of Umm Al-Qaiwain PSC 2021 SR
The report highlights NBQ's ESG performance for 2021, marking its second annual sustainability disclosure. Key achievements include a 24.74% increase in net profit and maintaining the highest capital adequacy ratio in the UAE at 44.66%. The bank made significant strides in environmental stewardship by implementing a wastewater treatment system and reducing paper consumption by 9.09%. Socially, NBQ focused on Emiratization, with UAE nationals comprising 38% of the workforce, and achieved 100% retention for employees returning from parental leave. Governance was strengthened through PCI DSS certification and 99.56% compliance with NESA standards.
Company: National Bank of Umm Al-Qaiwain PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2021
Type: SR
Pages: 45
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National Bank of Umm Al-Qaiwain PSC
ESG Report
The report highlights NBQ's ESG performance for 2021, marking its second annual sustainability disclosure. Key achievements include a 24.74% increase in net profit and maintaining the highest capital adequacy ratio in the UAE at 44.66%. The bank made significant strides in environmental stewardship by implementing a wastewater treatment system and reducing paper consumption by 9.09%. Socially, NBQ focused on Emiratization, with UAE nationals comprising 38% of the workforce, and achieved 100% retention for employees returning from parental leave. Governance was strengthened through PCI DSS certification and 99.56% compliance with NESA standards.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Energy Consumption
Water Consumption
Total Waste
Women on Board
Employees