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Saturday, December 9, 2023

First Abu Dhabi Bank PJSC: FAB 2022 ESG Report


About this report

As the largest bank in the UAE, we are committed to playing a central role in efforts to achieve a sustainable future, combining ambition and action to accelerate the transition to positive change.

As part of this commitment, we publish an annual ESG report to ensure that First Abu Dhabi Bank (FAB) Group remains transparent about its activities, performance and approach in the area of ​​environmental, social and governance (ESG). In this report, we also highlight the future goals we intend to undertake in relation to responsible banking, sustainable finance and climate-related actions.

The information presented in this report reflects the activities of the FAB Group for the calendar year 2022 (January 1 – December 31, 2022).

This ESG report has been prepared in accordance with the 2021 Global Reporting Initiative (GRI) Standards and the Abu Dhabi Securities Exchange (ADX) 2021 ESG Disclosure Guidelines for UAE Listed Companies.

Unless otherwise stated, all reports and performance data are limited to information on facilities owned and operated by FAB Group and its subsidiaries.

Greenhouse gas (GHG) emissions scopes 1, 2 and 3 (excluding financing emissions). We use an operational controls approach to define the scope of emissions reporting. In the case of properties covered by FAB’s consolidated financial statements but leased out to tenants, these emissions are not included in the Group or UAE GHG emissions calculations. All emissions are based on actual invoice information.

More information about FAB can be found on our website: https://www.bankfab.com/en-ae/about-fab/sustainability Or to learn more about FAB’s ongoing ESG initiatives, please contact us at: ir@bankfab.com.


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