Abu Dhabi Commercial Bank – Egypt stands out in the category of Egypt’s best bank for ESG thanks to the substantial advancements in its sustainable finance initiatives and ESG governance.
In 2024, the bank reported a notable increase of 240% year-on-year in its sustainable finance portfolio, elevating it to E£8.5 billion ($171 million). This growth was supported by significant funding contributions to major green infrastructure projects, including a remarkable E£4.5 billion loan (of which ADCB contributed E£3 billion) aimed at enhancing Egypt’s subway, monorail and electric train systems.
Furthermore, the bank built on its existing support for smaller enterprises through the Pollution Abatement Programme.
In 2024, the bank reported a notable increase of 240% year-on-year in its sustainable finance portfolio
The bank has shown a robust commitment to global environmental standards by joining the Net Zero Banking Alliance and aligning with key sustainability frameworks and standards such as the GHG Protocol, ISO 14064-1:2018, and the Partnership for Carbon Accounting Financials.
It has established a comprehensive sustainable finance framework alongside stringent ESG, anti-corruption, anti-money laundering/countering the financing of terrorism, and whistle-blowing policies, ensuring its commitment to ethical and sustainable operations.
Internally, Abu Dhabi Commercial Bank – Egypt has fostered an informed and engaged workforce by rolling out certified ESG training programmes and raising awareness about sustainability across all staff levels.
