Project Details
Project
CBD Sustainable Finance Framework Impact Report (2024)
Client
Commercial Bank of Dubai
Project Type
Impact Reports
Industry Group
Banks
Use of Proceeds
Renewable energy; Green buildings; Clean transport;
Location
United Arab Emirates (UAE)
Evaluation Date
May 2024
Evaluation Summary
Sustainalytics has calculated the estimated impact achieved by Commercial Bank of
Dubai’s Eligible Green Loan portfolio (“EGL”). As at 29 February 2024, the bank’s EGL
was AED 2,511 million in the categories of Renewable Energy, Clean Transportation
and Green Buildings. The projects are located across the United Arab Emirates. Due to
data limitations for a subset of the bank’s retail banking Green Buildings portfolio, the
scope of this report covers AED 2,272 million. For a representative year during the
lifetime of the projects, Sustainalytics has calculated 101,778 tonnes of avoided GHG
emissions in CO2e.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/cbd-sustainable-finance-impact-report-(2024).pdf?sfvrsn=d58ff986_1