ADCB recognised by the UAE government as a leader in sustainability and social impact

  • Date: 13-Jun-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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ADCB recognised by the UAE government as a leader in sustainability and social impact

Abu Dhabi: Abu Dhabi Commercial Bank (ADCB) has been recognised by the UAE government for the Bank’s strong track record in sustainability and social impact, receiving the Impact Seal “Platinum Tier” from Majra, the National CSR Fund.

The Impact Seal is the official federal recognition that certifies, measures and rewards organisations in the UAE with leading sustainable impact practices aligned with environmental, social, and governance (ESG) criteria, the UN Sustainable Development Goals (SDGs) and national priorities.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, presided over the award ceremony, where ADCB was one of 16 UAE companies to receive the prestigious accolade.

ADCB Group Chief Executive Officer Ala’a Eraiqat commented: “In this Year of Sustainability in the UAE, the government is setting a progressive agenda for decarbonisation, economic diversification, and social inclusion while playing a leading role globally in combating climate change by hosting the COP28 conference. It is crucial for the private sector, and in particular major financial institutions, to play a full part in this important journey. ADCB is honoured to have been recognised for its sustainability and social impact agenda by Majra, the National CSR Fund. With sustainability