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  • ae UAE

Capitalising on our social responsibility

Positive Social Impact


Supporting the wellbeing for individuals and the communities in which we operate is a strategic objective for FAB. In a rapidly changing world, stakeholders increasingly demand organisations to shift their business models and drive sustainable development. Our commitment to positive social impact extends across our operations and business strategy. We acknowledge and support the importance of providing career opportunities and development for Emirati nationals, partner with a large number non-profits and social enterprises to maximise our impact on Socio-Economic Development and work to reduce our carbon dioxide emissions.

Socially Responsible Procurement

Our suppliers predominately cover the following functions: information technology and telecommunications, marketing, market data, facility management and professional services. We take steps to reduce environmental and social impacts in our supply change. Our comprehensive procurement policy outlines our expectations to our suppliers, this includes anti-money laundering policies, data protection regulation standards, health and safety and ethics policies. Where possible, we opt for local service providers and suppliers as we understand the importance of investing in the local economy.

  • In 2020 we spent a total of AED 2.9 billion on procurement, this is in line with our 2019 spending
  • Local suppliers in the UAE represented 66% (up from 63% in 2019) of our global supply chain and approximately 85% of the total spend (up from 69% in 2019)
  • We shared our Supplier Environmental and Social Code of Conduct with all suppliers on boarded to our vendor system

Procurement Unit Scope 2017 2018 2019 2020
Total number of suppliers engaged Number Group 2,440 1,521 2,300 2,293
Total number of local suppliers engaged Number UAE 1,811 1,178 1,470 1,507
Total procurement spending Billion AED Group 2.27 3.00 3.05 2.94
Procurement spending on local suppliers Billion AED UAE 1.94 2.49 2.09 2.51
Percentage of spending on local suppliers % Group 85 83 69 85

First Abu Dhabi Bank

First Abu Dhabi Bank P.J.S.C

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