The report highlights Arab Bank's commitment to integrating ESG principles into all aspects of its operations, encompassing its governance model, environmental sustainability initiatives, and social responsibility programs. Notably, the report details the bank's comprehensive ESG strategy, outlining its approach to managing a range of ESG issues, with a particular emphasis on climate change. Arab Bank further elaborates on its sustainable finance framework, highlighting its dedication to projects that align with the United Nations Sustainable Development Goals (SDGs). The report also underscores the bank's commitment to gender equality and empowerment, showcasing its efforts to promote inclusivity and diversity within the workplace. Key highlights from the year include the issuance of USD 250 million in Additional Tier 1 (AT1) Capital Securities dedicated to sustainable projects, the achievement of 90% renewable energy sourced electricity consumption in Jordan, and the successful launch of the Women Empowerment Strategic Framework (WESF).
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Arab Bank PLC 2023 ESG Report
Issuing Company Arab Bank PLC
Report Type Sustainability Report
Report Language EN
Report Filesize 2.94 MB
No. of Pages 58 pages
Reporting periodJanuary 1, 2023-December 31, 2023
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI
Materiality Assessmenttrue