Middle East's best bank for corporate responsibility 2020: First Abu Dhabi Bank
Awards for Excellence 2020
First Abu Dhabi Bank (FAB) developed its sustainability framework in 2017 under four pillars: sustainable banking, being a responsible employer, having a positive social impact and excellence in governance, integrity and risk management.
These pillars have helped guide the bank, leading it to a series of firsts over the last 12 months that make it Euromoney’s best bank in the Middle East for corporate responsibility. Belinda Scott is FAB's head of corporate sustainability.
Leading on reporting and its sustainable banking commitment, the bank became the first financial institution in the Mena region to announce the implementation of the recommendations from the Task Force on Climate-related Financial Disclosures.
FAB also participates in the CDP (previously known as the Carbon Disclosure Project) and has been the highest-scoring bank in the GCC for three years in a row.
Internally, the bank has made a concerted effort to reduce paper, plastic and electricity consumption and has eliminated all plastic bottles from its offices and replaced them with reusable glass bottles.