United Arab Bank PJSC 2021 SR
The report highlights United Arab Bank's ESG performance for 2021, marking its second edition. Key achievements include returning to profitability with a net profit of AED 70 million and launching the Middle East's first payment card made from 100% recycled plastic. The bank invested AED 90 million in ESG-linked loans and reduced electricity and water consumption by approximately 3% each. UAB also partnered with the One Billion Trees Initiative to plant 1,000 trees. Furthermore, the bank maintained a 100% customer complaint resolution rate and achieved an 85% employee engagement score.
Company: United Arab Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2021
Type: SR
Pages: 27
United Arab Bank PJSC
ESG Report
The report highlights United Arab Bank's ESG performance for 2021, marking its second edition. Key achievements include returning to profitability with a net profit of AED 70 million and launching the Middle East's first payment card made from 100% recycled plastic. The bank invested AED 90 million in ESG-linked loans and reduced electricity and water consumption by approximately 3% each. UAB also partnered with the One Billion Trees Initiative to plant 1,000 trees. Furthermore, the bank maintained a 100% customer complaint resolution rate and achieved an 85% employee engagement score.
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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
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees