Sustainability

Supporting the

Transition

Across Five Continents

Mobilising Capital for the Developing World

Almost 90% of our US$2.8bn

sustainable finance portfolio was directed towards the emerging markets.

Our Commitment to Sustainability

Sael Al Waary,

Group CEO, Bank ABC

"Sustainability is a cornerstone of our strategy, guiding us towards more resilient, inclusive, and responsible growth across our global markets. As MENA’s international bank of the future, we recognise our pivotal role in enabling successful energy transition by empowering our clients, employees, and communities to embrace sustainability, while unlocking new opportunities for growth and innovation.".

Watch the video or click here to read the full statement

Unlocking Value through Collaboration and Partnerships

Ian McCallum,

Chief Sustainability Officer

"As we mark the half-way point of our 3-year (2023-26) sustainability roadmap, we remain steadfast in incorporating sustainability across our value chain and translating strategic objectives into credible action and measurable impact."

Watch the video or click here to read the full statement

2024 highlights across our three sustainability objectives

4%
decline in absolute Scope 1 and 2 GHG emissions vs 2023*
*Location-based reporting
4%
decline in energy consumption vs 2023
29%
decline in water consumption vs 2023
7%
decline in paper consumption vs 2023
49%
of paper recycled, a doubling from 24% in 2023
16%
of energy consumption sourced from renewable energy

US$2.8bn
of sustainable finance, up 24% YoY
86%
of the Group's sustainable finance mobilised to the global south
Acted as Joint Lead Manager in arranging 


US$2.1bn
of green, social and sustainable sukuks
16
sustainability specialists across our global network, up from 8 in 2023
Received third-party accreditation of our Sustainable Finance Framework
Developed a Client ESG Risk Assessment process
Over 
40 training sessions for client-facing teams

Set up Carbon Credit Solutions Desk in Banco ABC Brasil
36
training hours per FTE in 2024, up 33% YoY 
US$1.3mn
of CSR investments
103 CSR
projects across our communities

Our Sustainability Roadmap

2023

8 Sustainability specialists headcount across the Group with focus in Brazil and Bahrain

Launched 3-year roadmap of action plans to embed sustainability across Bank ABC Group

Group Sustainability Strategy approved by Group Board

Developed Sustainable Finance Framework

2024

11 Sustainability specialists headcount across the Group

Sustainability Steering Committee to oversee progress

Measured ESG KPIs of Group and all Units for 2023

Launched global sustainability training programme for Wholesale Banking and Credit & Risk teams

Published our inaugural Group Sustainability Disclosures Report 2023

2025

16 Sustainability specialists headcount across the Group

Launched 3-yr environmental reduction plan of operations

Developed Group ESG Risk Standard

Launched global roll-out of:

Client ESG Risk Assessment into credit approval process.
Sustainable Finance classification process.
Industry Environmental Risk Rating methodology.

Publish GSDR 2024

2026

Set up Sustainable Finance Forum.
Measure Scope 3 financed emissions and evaluate our approach to mitigate.
Sustainable finance product development.

Develop a GHG emissions reduction plan for suppliers.
Develop an action plan to further enhance our approach to D,E&I.

Strengthen our approach to CSR investments.
Develop ESG targets and explore linking to remuneration.