ESG Report

Overview

The report highlights United Arab Bank's 2023 progress in governance diversity, sustainable finance, and environmental initiatives. Women's representation on the board increased to 18%, while investments in ESG-linked and green finance reached approximately AED 516 million. The report also discloses 5,555 MWh of electricity consumption, 6,553 '000 litres of water consumption, and 2,222 tCO2e of Scope 2 emissions. UAB additionally reports planting 1,000 mangrove trees in Sharjah.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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