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Second-Party Opinion Download

Project Details

Project

Abu Dhabi Commercial Bank Green Portfolio Impact Report (2023)

Client

Abu Dhabi Commercial Bank PJSC

Project Type

Impact Reports

Industry Group

Banks

Use of Proceeds

N/A

Location

United Arab Emirates (UAE)

Evaluation Date

Aug 2023

Evaluation Summary

Sustainalytics has calculated the estimated impact achieved by Abu Dhabi Commercial Bank’s Eligible Green Loan portfolio (“EGL”). AED 6,047 million have been allocated in the categories renewable energy, pollution prevention and control, sustainable water and wastewater management, green buildings and energy efficiency. The projects are located across the United Arab Emirates. For a representative year during the lifetime of the projects, Sustainalytics has calculated 719,509 tonnes of carbon dioxide equivalents in avoided GHG emissions
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/abu-dhabi-commercial-bank-green-portfolio-impact-report-(2023).pdf?sfvrsn=2a181f8d_1