First Abu Dhabi Bank
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- 5.1 Message from the Chairman
- 5.2 Corporate Governance Framework
- 5.3 Board of Directors
- 5.4 Shariah Governance
- 5.5 Senior Management
- 5.6 Management Committees
- 5.7 Subsidiaries, Branches & Offices
- 5.8 The Group’s ‘DoA’ Framework
- 5.9 Remuneration & Party Transactions
- 5.10 Consumer Protection, Disclosure, Transparency
- 5.11 Sustainability
- 5.12 Investor Relations
Sustainability
We recognise the importance of integrating sustainability in our corporate culture and business strategy. Our focus is to generate long-term stakeholder and shareholder value. We will continue to strengthen our ESG performance, demonstrate leadership and implement best practice throughout our organisation.
Our dedicated Corporate Sustainability team oversees our sustainability framework, strategy and policies and priorities of several sustainability initiatives. Our strategy is aligned with the United Nations Sustainable Development Goals and the Abu Dhabi Economic Vision 2030.
Key highlights of 2021 include:
- Women represent 40% of our total workforce and held 30% of senior and middle management positions
- We are rated #4 on FTSE4good, and #3 on MSCI ESG Leaders in the Middle East and North Africa (MENA) region
- We implemented our Sustainable Finance Framework. This framework will be applied to any type of Sustainable Financing Transaction that will be used to fund projects that will deliver environmental and/or social benefits
- We issued a new Green Bond, a Hong Kong Dollars (HKD) 750 million five-year Green Bond and have been recognised as the first MENA issuer denominated in HKD and the first Green Bond in HKD by an offshore financial institution
- Our employee wellbeing programme was launched to provide support during COVID-19, this continued during 2021
| Description | Type | Amount AED | Remarks |
|---|---|---|---|
| Emirates Foundation | Donation | 1,000,000 | Ramadan Project |
| Operation Smile | Donation | 25,824 | Cycle for a Cause |
| Soccer Kids Dubai | Donation | 21,243 | Cycle for a Cause |
| Al Jalila Foundation | Donation | 22,563 | Cycle for a Cause |
| Emirates RedCrescent | Donation | 35,344 | Cycle for a Cause |
| Université Paris 2Panthéon-Assas- Bachelor of Laws Programme | Sponsorship | 2,000,000 | ScholarshipProgramme |
| Special OlympicsMiddle East North-Learn to Cycle | Event | 74,550 | Unified CyclingProgramme with SO UAE |
| 3,179,524 |
Further details are available in our 2021 ESG Report and on the website.