The report highlights the company's commitment to sustainability and its progress in 2021. FAB launched its new Group ESG Strategy in 2021, which included a commitment to lending, investing, and facilitating business of USD 75 billion by 2030 to activities focused on environmental and socially responsible solutions. FAB also became the first bank in the UAE and GCC to join the UNEP FI's Net Zero Banking Alliance (NZBA) and committed to achieving Net Zero emissions by 2050. The report also highlights FAB's commitment to diversity and inclusion, its efforts to promote financial inclusion, and its work to mitigate climate change.
Issuing Company First Abu Dhabi Bank (FAB)
Report Type Integrated Report
Report Language EN
Report Filesize 7.33 MB
No. of Pages 58 pages
Reporting periodDecember 31, 2021
Report EditionUnknown
Assurance Provider KPMG Lower Gulf Limited
Reporting Standards GRI; SASB
Materiality Assessmenttrue
