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Breadcrumb

Background
Sustainable and Responsible Banking

YOU NEED TO KNOW

Shaping the future
of Energy

Committed to driving the transition towards a more sustainable, resilient, and innovative energy future, empowering communities and businesses to thrive in a low-carbon world.
ESG Banner Image
01
Sustainable growth
Commitment to minimizing environmental impact and advancing climate-conscious practices across all
operations.
02
Responsible business
Focus on ethical standards, full transparency, and
integration of ESG values into decision-making processes.
03
Social commitment
Support for local communities through education,
social inclusion, volunteer programs, and long-term
initiatives that drive real, lasting impact.
Building a Sustainable Future
Key pillars of 
ESG strategy
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Environmental
Climate action, green financing initiatives, and net-zero goals.
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Social
Community programs, workforce inclusion, and financial literacy.
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Governance
Responsible banking with integrity and openness.
Background
PERFORMANCE HIGHLIGHTS

Driving impact through ESG

Net-Zero Financing in Line with KSA

Target
Power sector emissions (tCO₂e /GWh)= 186Iron & steel sector emissions (tCO2/t steel): 1.

Net-Zero Emissions for Own Operations

Target
Net-zero Scope 1 and 2 emissions by 2035

Sustainable Finance

Target
S..R 20 billion in sustainable financing by 2030

Female Leadership and Diversity & Inclusion

Target
  • 20-30% female employment in leadership roles by 2027
  • 35-40 % female involvement in our workforce by 2027

ESG Training

Target
Train 100% of employees in mandatory ESG topics by 2026

A)Sustainability Committees

B) Executive Compensation and Sustainability KPIs
 

Target
A) Establish the sustainability governance structure across all levels by 2025

B) Integrate sustainability in executive compensation by 2025

Overarching Sustainability Policy

Target
Develop an overarching sustainability policy to guide bank processes by 2025

Best Practices for Sustainability Disclosure

Target
ISSB-aligned reporting by 2027

Industry Collaboration to Advocate Sustainability

Target
Join four industry partnerships
Transparent Action
Sustainability reports
esg-report-image
Sustainability strategy
Sustainable finance impact report
S&P sustainable finance framework opinion
Sutainable finance impact report 2022
Sustainable finance framework
ESG report
Sustainability strategy
Sustainability strategy
Sustainability strategy
Sustainability strategy
you need to know
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