The report outlines ADCB's sustainability strategy, performance and progress over the year. It covers the company's climate strategy, commitment to net zero emissions, progress on sustainable finance, and highlights key initiatives in customer satisfaction, financial inclusion, employee engagement, and governance. The report also includes a materiality assessment, details on the company's approach to environmental and social risk management, and the results of a climate stress test. Key achievements highlighted in the report include ADCB's membership of the Net Zero Banking Alliance (NZBA), its tripled sustainable finance commitment to AED 125 billion by 2030, the issuance of its second green bond in 2023, and the significant progress made on Emiratisation, with the Bank attracting over 500 UAE nationals in the last two years.
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Abu Dhabi Commercial Bank (ADCB) 2023 ESG Report
Issuing Company Abu Dhabi Commercial Bank (ADCB)
Report Type Sustainability Report
Report Language EN
Report Filesize 32 MB
No. of Pages 122 pages
Reporting periodJanuary 1, 2023-December 31, 2023
Report EditionUnknown
Assurance Provider Deloitte & Touche (M.E.)
Reporting Standards GRI; SASB; TCFD; others
Materiality Assessmenttrue