Skip to content
icn-search
  • ae UAE

THE FUTURE BELONGS TO US ALL

Sustainable business builds a better tomorrow

FAB launched in 2021 a new Group-wide ESG Strategy designed to accelerate growth in areas that are most pertinent to emerging sustainability opportunities and challenges. Although ESG has long been a key element of FAB’s success, the new strategy sets a clear pathway forward aligned with current market conditions and stakeholder expectations.

At the heart of FAB’s strategy lies the commitment to pivot towards a Net Zero economy in line with the national and international frameworks such as UAE 2050 Strategic Initiative for Net Zero, the UAE Vision 2021, the Abu Dhabi Economic Vision 2030, Equator Principles, the Green Bond Principles, Global Reporting Initiative (GRI), UN Global Compact, the Task Force on Climate-related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP), Sustainability Accounting Standards Board (SASB) or UNEP FI (UN Environment Programme Finance Initiative).

FAB developed strong sustainable banking credentials as the first bank in Gulf Cooperation Council (GCC) to join the United Nations Environment Programme Finance Initiative’s (UNEP FI) Net Zero Banking Alliance (NZBA). FAB was an UAE pioneer in committing to the Equator Principles but also in establishing sustainable reporting practices in the country. As the first MENA bank to issue a green bond, FAB also broke ground as a region-first in the issuance of green bonds denominated in Euros and Swiss Francs. As part of its commitment, FAB will assist its clients in the transition towards a climate-neutral economy through innovative financing and sustainability-focused advisory services.


Our latest landmark achievements


32% of FAB's senior and mid-management positions held by woman as of 2021.
Target to lend, invest, and facilitate business over US Dollars 75 billion by 2030 to activities focused on environmental and socially responsible solutions.
FAB's Morgan Stanley Capital International (MSCI) Environmental, Social, and Governance (ESG) rating of AA, an industry leader.
In 2021, FAB became the first bank in the UAE and Gulf Cooperation Council (GCC) to join the UNEP FI's Net Zero Banking Alliance (NZBA)

TAKING NOTE OF OUR IMPACT

Sustainable Finance & Reports

Focusing on the importance of improving financial literacy and awareness.

Policy Statements

Upholding our commitment to sustainability and implementing strategic policies.

Stakeholder Engagement

Maintaining positive stakeholder engagement through focused partnerships and specialised initiatives.

Logo

First Abu Dhabi Bank

First Abu Dhabi Bank P.J.S.C

GET - On the app Store

View