Our Environment, Social, and Corporate Governance (ESG) Strategy is a commitment built on three pillars that places Environment, Social and Governance at the centre of all we do.
Through initiatives and partnerships, we aim to create lasting positive change that benefits society and the planet.
RAKBANK is committed to integrating sustainability into its core business plan for long-term growth. We focus on tracking performance and embedding strategic sustainability into our values. Our ESG strategy is built on three pillars, aligning with the UAE’s commitment to Sustainable Development Goals.
Through transparent reporting, we aim to keep you informed about our progress and our commitment to driving positive change. Our ESG Data page provides you with an up-to-date overview of our ESG approach, including our efforts to minimise our environmental impact, support our communities, and uphold the highest standards of corporate governance.
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BBB | 49/100 |
Date: as of November 2024
In 2023, MSCI evaluated RAKBANK’s management of key ESG risks. The MSCI ESG rating measures a company’s resilience to long-term, industry-specific ESG risks, using a rules-based methodology to compare companies with their peers. Ratings range from leader (AAA, AA), to average (A, BBB, BB), and laggard (B, CCC).