The emphasis on environmental issues must begin with addressing the impact of the Bank’s own operations. ADIB commits to tackle the key environmental challenges including conserving resources such as energy and water, reducing emissions and reducing paper usage. In addition, ADIB will assess its baseline across several environmental KPIs and has ambitions to set emissions reduction targets in line with the net zero ambition of the UAE.
ADIB strives to continuously monitor and improve its environmental performance through sound management practices covering all activities and services that support the Bank to minimize the environmental impact of its operations.
The Bank’s employees are responsible for enforcing its environmental stewardship principles and are expected to comply with applicable environmental laws and regulations.
Environmental considerations are also taken into account across ADIB’s financing and investment decisions with special considerations applied to climate change and biodiversity risks and opportunities.
ADIB will assess how climate change and biodiversity risks affects its financing and investment portfolio, as well as identify opportunities to contribute positively to these issues. ADIB also aims to facilitate the issuance of Sustainability related financial products, which refers to the issuance of Islamic sukuk or green Islamic financing that fund sustainable projects or initiatives. By supporting such projects, ADIB can contribute to the transition towards a low-carbon economy while supporting our clients in addressing key environmental challenges in conformity with the highest ethical Islamic principles.
Overall, the Bank’s commitment to environmental considerations in our financing and investment decisions demonstrates our efforts to promote sustainability and make a positive impact on the environment and society.
ADIB’s approach to integrate ESG in its financing and investment activities are covered in details in our Approach to Financing Page.
