United Arab Bank PJSC 2020 SR

The report is United Arab Bank's inaugural sustainability report for the 2020 fiscal year, detailing its environmental, social, and governance (ESG) performance. Key highlights include the implementation of a robust sustainability framework focused on five pillars: Corporate Governance, Responsible Banking, Workforce, Social Impact, and Environment. The bank emphasized digital transformation to mitigate COVID-19 impacts, launching a new mobile app and e-KYC portal to reduce paper use. Socially, UAB contributed over AED 840,000 to community initiatives and achieved a 20% Emiratisation rate. Environmentally, the bank reduced water consumption by 18% at its head office and initiated energy-efficient lighting upgrades.

Company: United Arab Bank PJSC

Sector: Financials

Country: United Arab Emirates

Year: 2020

Type: SR

Pages: 34

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United Arab Bank PJSC

United Arab Bank PJSC 2020 Sustainability Report

Sustainability Report

The report is United Arab Bank's inaugural sustainability report for the 2020 fiscal year, detailing its environmental, social, and governance (ESG) performance. Key highlights include the implementation of a robust sustainability framework focused on five pillars: Corporate Governance, Responsible Banking, Workforce, Social Impact, and Environment. The bank emphasized digital transformation to mitigate COVID-19 impacts, launching a new mobile app and e-KYC portal to reduce paper use. Socially, UAB contributed over AED 840,000 to community initiatives and achieved a 20% Emiratisation rate. Environmentally, the bank reduced water consumption by 18% at its head office and initiated energy-efficient lighting upgrades.

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Document Details

Report Year

2020

Reporting Period

Jan 1, 2020 - Dec 31, 2020

Fiscal Year

2020

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Employees