United Arab Bank PJSC 2022 SR
The report highlights United Arab Bank's progress in 2022, focusing on its third consecutive ESG disclosure aligned with ADX guidelines. Key achievements include a 23% increase in the nationalization rate and a significant commitment to local suppliers, representing 98.43% of total expenditure. The bank launched digital onboarding for retail and corporate clients to enhance customer experience and reduce paper consumption. Environmental efforts were marked by the 'Mangrove of Hope' initiative, planting 1,000 trees in Sharjah. Additionally, the bank integrated ESG risk considerations into its wholesale banking processes and invested in ESG-linked assets.
Company: United Arab Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2022
Type: SR
Pages: 20
United Arab Bank PJSC
ESG Report
The report highlights United Arab Bank's progress in 2022, focusing on its third consecutive ESG disclosure aligned with ADX guidelines. Key achievements include a 23% increase in the nationalization rate and a significant commitment to local suppliers, representing 98.43% of total expenditure. The bank launched digital onboarding for retail and corporate clients to enhance customer experience and reduce paper consumption. Environmental efforts were marked by the 'Mangrove of Hope' initiative, planting 1,000 trees in Sharjah. Additionally, the bank integrated ESG risk considerations into its wholesale banking processes and invested in ESG-linked assets.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees