National Bank of Umm Al-Qaiwain PSC 2022 IR
The report highlights the National Bank of Umm Al Qaiwain's (NBQ) financial and sustainability performance for the fiscal year 2022. Key achievements include a 38% increase in net profit to AED 364.52 million and the establishment of its ESG Committee and Sustainability Strategy. On the environmental front, the bank reduced its carbon footprint by 6.78% and paper consumption by 19.78% compared to 2019. Socially, NBQ increased its Emiratisation rate to 45.8% and maintained a workforce comprising 45% female employees. The bank also integrated ESG risk management into its procurement practices and screened 28 local vendors.
Company: National Bank of Umm Al-Qaiwain PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 177
National Bank of Umm Al-Qaiwain PSC
The report highlights the National Bank of Umm Al Qaiwain's (NBQ) financial and sustainability performance for the fiscal year 2022. Key achievements include a 38% increase in net profit to AED 364.52 million and the establishment of its ESG Committee and Sustainability Strategy. On the environmental front, the bank reduced its carbon footprint by 6.78% and paper consumption by 19.78% compared to 2019. Socially, NBQ increased its Emiratisation rate to 45.8% and maintained a workforce comprising 45% female employees. The bank also integrated ESG risk management into its procurement practices and screened 28 local vendors.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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 2:
Water Consumption
Women on Board
Women in Management
Employees