United Arab Bank PJSC 2024 IR
The report outlines United Arab Bank's financial and ESG performance for the fiscal year 2024. Financially, the bank achieved a net profit after tax of AED 301 million, representing an 18% year-on-year increase, with total assets growing by 22% to AED 21.5 billion. On the sustainability front, the bank established a dedicated Sustainability Committee to oversee its ESG strategies and aligned its disclosures with the ADX ESG Disclosure standards. Key environmental metrics include total Scope 1 emissions of 19.92 t CO2e and Scope 2 emissions of 2,226 t CO2e. Additionally, the bank increased its Emiratization rate to 28.2% of its total workforce.
Company: United Arab Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 102
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United Arab Bank PJSC
Integrated Report
The report outlines United Arab Bank's financial and ESG performance for the fiscal year 2024. Financially, the bank achieved a net profit after tax of AED 301 million, representing an 18% year-on-year increase, with total assets growing by 22% to AED 21.5 billion. On the sustainability front, the bank established a dedicated Sustainability Committee to oversee its ESG strategies and aligned its disclosures with the ADX ESG Disclosure standards. Key environmental metrics include total Scope 1 emissions of 19.92 t CO2e and Scope 2 emissions of 2,226 t CO2e. Additionally, the bank increased its Emiratization rate to 28.2% of its total workforce.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 4, 2025
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 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities