United Arab Bank PJSC 2024 SR
The report outlines United Arab Bank's (UAB) ESG performance and strategic progress during the 2024 fiscal year. Key highlights include the completion of UAB's first Double Materiality Assessment (DMA) and the establishment of a formal Sustainability Committee to oversee ESG integration. The bank successfully tracked its Scope 1, 2, and 3 emissions, achieving a 1.6% improvement in energy intensity per employee. UAB also advanced its social commitments by increasing Emirati representation to 28.2% of the workforce and investing AED 210,000 in community initiatives. Furthermore, the bank partnered with Canon to offset unavoidable emissions through certified climate projects.
Company: United Arab Bank PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2024
Type: SR
Pages: 21
United Arab Bank PJSC
Sustainability Report
The report outlines United Arab Bank's (UAB) ESG performance and strategic progress during the 2024 fiscal year. Key highlights include the completion of UAB's first Double Materiality Assessment (DMA) and the establishment of a formal Sustainability Committee to oversee ESG integration. The bank successfully tracked its Scope 1, 2, and 3 emissions, achieving a 1.6% improvement in energy intensity per employee. UAB also advanced its social commitments by increasing Emirati representation to 28.2% of the workforce and investing AED 210,000 in community initiatives. Furthermore, the bank partnered with Canon to offset unavoidable emissions through certified climate projects.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability 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:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees