The report covers UAB's Environmental, Social, and Governance (ESG) performance against the ESG reporting guidelines set by the Abu Dhabi Securities Exchange. The report highlights the bank's progress in increasing diversity in its workforce, improving the Emiratisation ratio, and introducing green sustainable products. It also outlines the bank's commitment to supporting the UAE government's initiative towards ""Net Zero by 2050."" UAB has also embarked on a digital transformation journey powered by SAP SE, with Amazon Web Services securely hosting its data. This transformation will enhance the bank's services to its customers and employees while adopting SAP's carbon accounting approach to reduce paper consumption. The report also details the bank's commitment to its social impact through various initiatives, including supporting local communities, promoting local suppliers, and implementing a responsible banking approach.
