First Abu Dhabi Bank

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has become the first UAE and GCC bank to join the Partnership for Carbon Accounting Financials (PCAF), furthering the bank’s strategy to achieve net-zero greenhouse gas emissions by 2050. PCAF helps financial institutions aiming to reduce their GHG emissions, by providing a clear methodology for measuring and disclosing the greenhouse gas emissions generated by financial products such as loans and investments. This includes the emissions of portfolio companies or individual investment ...