Financial and professional services Archives - Page 4 of 6 - Living Business

category="<a href="https://livingbusiness.com/category/environment/energy-efficiency/" rel="tag">Energy Efficiency</a>,<a href="https://livingbusiness.com/category/environment/" rel="tag">Environment</a>,<a href="https://livingbusiness.com/category/ghg-emission-reduction/" rel="tag">GHG emission reduction</a>,<a href="https://livingbusiness.com/category/environment/water/water-efficient-fixtures/" rel="tag">Water efficient fixtures</a>">Industry: Financial and professional services

Dubai Investments doubles GHG emissions reduction

Published on July 10, 2023

Dubai Investments, a leading investment company, has achieved a 32% reduction in total greenhouse gas (GHG) emissions in 2022, equating to an estimated decrease of 212,768 tonnes of CO2, according to the group’s latest ESG report. The achievement demonstrates the company’s commitment to sustainable business practices developed in accordance with the latest Global Reporting Initiative […]

Saudi's PIF, UAE's ADQ among funds with highest sustainability rankings in 2023

Published on July 3, 2023

Saudi Arabia’s Public Investment Fund (PIF) and UAE’s ADQ have reported the highest improvement in the Global Sovereign Wealth Fund’s (SWF) governance, sustainability and resilience (GSR) scoreboard for 2023. Among the funds rated in both 2022 and 2023, 69 got higher marks, 94 stayed the same and only 22 got lower marks, according to a […]

ISSB issues inaugural global sustainability disclosure standards

Published on July 3, 2023

The International Sustainability Standards Board (ISSB) has today issued its inaugural standards—IFRS S1 and IFRS S2 —ushering in a new era of sustainability-related disclosures in capital markets worldwide. The Standards will help to improve trust and confidence in company disclosures about sustainability to inform investment decisions. And for the first time, the Standards create a common […]

ADIB saves five million sheets of paper in 2022

Published on February 22, 2023

Abu Dhabi Islamic Bank (ADIB) announced that it had saved five million sheets of paper in 2022 through its ongoing Al Ghaf paperless programme. This initiative supported the bank in eliminating paper usage significantly at branches through digital banking solutions. As part of ADIB’s 2025 growth strategy, Al Ghaf Programme underlines the bank’s commitment to […]

Dubai Islamic Bank prices US$1 billion Sustainable Sukuk

Published on February 14, 2023

Dubai Islamic Bank (DIB) has successfully priced its second Sustainable Sukuk – a landmark US$1 billion 5.5-year senior issue with a profit rate of 4.80 percent per annum, representing a spread of 102.4 bps over 5-Year US Treasuries. The Sukuk was issued in line with DIB’s Sustainable Finance Framework, which was created to facilitate financing […]

Century Financial introduces a series of initiatives in support of the UAE’s ‘Year of Sustainability’

Published on February 7, 2023

In line with the recent announcement of President Sheikh Mohamed bin Zayed Al Nahyan on declaring 2023 as the Year of Sustainability, Middle-East-based investment services company Century Financial has announced a series of initiatives as part of its contribution towards strengthening sustainability in the financial sector. Century Financial’s sustainability agenda will primarily focus on forging strategic […]

Green banking: Qatar eyes $75bn investment in sustainable finance in 2023

Published on January 25, 2023

Qatar has kickstarted a proactive drive to strengthen the domestic debt market in light of the “encouraging” potential for local bonds and Sukuks, announcing $75 billion in investments in sustainable finance this year. “There is an active drive in Qatar to strengthen the domestic debt capital market to diversify sources of funding and expand sustainable finance solutions,” […]

First Abu Dhabi Bank values $7bln financing for sustainable projects in 2022

Published on January 24, 2023

Shargiil Bashir, Chief Sustainability Officer at First Abu Dhabi Bank (FAB), said that the bank facilitated over AED25.7 billion (US$ 7 billion) for sustainable projects in 2022, noting that the bank has made significant progress by financing many projects across the energy supply, buildings, transportation, waste, water, and food sectors. In statements to the Emirates […]

Gulf Exchanges announce unified ESG metrics

Published on January 14, 2023

The GCC Exchanges Committee today released a unified set of ESG Disclosure Metrics that includes 29 standards aligned with the World Federation of Exchanges and the Sustainable Stock Exchanges Initiative. These standards include categories across greenhouse gas emissions, energy usage, water usage, gender pay, employee turnover, gender diversity, data privacy, ethics and more. It should […]

FAB launches sustainability-linked current account

Published on December 21, 2022

The UAE’s First Abu Dhabi Bank has launched a new sustainability-linked current account for corporate clients in an effort to help companies achieve environmental, social, and corporate governance objectives. As with traditional current accounts, FAB corporate clients will be able to use their sustainable accounts to retain their intraday liquidity for business needs, and to carry out daily payables and receivables, the bank said in a press […]

« Previous 1 2 3 4 5 6 Next »

Sustainable Action Now

Living Business™2022 edition 2021 edition 2020 edition About us Contact us Newsletter Privacy policy Terms & conditions

News categories Environmental Social Governance

Follow us

© 2024 Living Business. All rights reserved.