The report details United Arab Bank's performance in environmental, social, and governance aspects. The company highlights several achievements such as recording a net profit of AED 70 million for the year, launching the Middle East's first payment card made of 100% recycled material, investing in ESG-linked loans for regional banks with a total value of circa AED 90m, and collaborating with Storey Group and Eco-Matcher to launch the One Billion Trees Initiative (OBTI).
Issuing Company United Arab Bank PJSC
Report Type Sustainability Report
Report Language EN
Report Filesize 4.1 MB
No. of Pages 27 pages
Reporting periodJanuary 1st to December 31st, 2021
Report Edition2
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue
