Arab Bank recognizes the evolving needs of customers in a changing world. As a financial intermediary, the Bank continues to embed and enhance its sustainable finance offerings to support clients in their transition to a low-carbon economy and to foster sustainable development across the region and globally.

Sustainable Finance Framework  

Arab Bank has launched an updated Sustainable Finance Framework, building on its previous framework and reinforcing the Bank’s environmental, social, and governance (ESG) priorities. The updated Framework reflects Arab Bank’s commitment to aligning with evolving international best practices and positions the Bank among the leading institutions in the region in advancing sustainable finance.

The Sustainable Finance Framework provides a structured approach for identifying, assessing, and managing sustainable financing activities across a wide range of products and business lines. It supports the financing of eligible green, social, sustainability-linked, and transition activities that contribute to climate action, economic resilience, employment generation, and the United Nations Sustainable Development Goals (SDGs).

International Alignment

The updated Sustainable Finance Framework is aligned with internationally recognized principles and guidelines, including the Green Bond Principles (GBP), Social Bond Principles (SBP), and Sustainability Bond Guidelines (SBG) issued by the International Capital Market Association (ICMA), as well as the Green Loan Principles (GLP), Social Loan Principles (SLP), and Sustainability-Linked Loan Principles issued by the Loan Market Association (LMA).

External Review

To ensure transparency and credibility, Arab Bank has obtained an independent Second Party Opinion (SPO) confirming the alignment of the updated Sustainable Finance Framework with the relevant ICMA and LMA principles.

Click here to access the Second Party Opinion

Sustainable Finance Report

Arab Bank issues periodic Sustainable Finance Reports to provide transparency on the allocation of proceeds from its sustainable finance issuance and the environmental and social impact of the financed projects. The reports outline the use of proceeds, allocation progress, and Key impact indicators in accordance with the Bank’s Sustainable Finance Framework. To date, this includes reporting on Arab Bank’s issuance of USD 250 Million in Additional Tier 1 (AT1) Capital Securities, the first sustainable perpetual AT1 issuance in Jordan, where the proceeds are allocated to sustainable assets aligned with the Framework. To enhance credibility, accountability, and transparency, the reports are subject to limited independent third-party assurance.

Click here to access Arab Bank’s latest Sustainable Finance Report.