The report highlights Commercial Bank of Dubai's commitment to sustainability and its progress in 2023. The bank issued a $500 million Green Bond for sustainable projects, baselined its greenhouse gas emissions, and committed to achieving carbon neutral operations by 2030. It also incorporated ESG risks into its risk management framework and launched several initiatives to support Emiratization and diversity. The report also highlights the bank's progress in financial inclusion, community engagement, and governance.
Issuing Company Commercial Bank of Dubai P.S.C. (CBD)
Report Type Sustainability Report
Report Language EN
Report Filesize 5.92 MB
No. of Pages 38 pages
Reporting periodJanuary 1, 2023-December 31, 2023
Report Edition4
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue