AlBaraka Bank Egypt SAE 2024 SR
The report highlights Al Baraka Bank Egypt's sustainability achievements and ESG integration in 2024. The bank expanded its sustainable finance portfolio by 23.3% to over EGP 10.5 billion, with 88% directed to social sectors. It fully deployed its Environmental and Social Management System (ESMS), screening 3,850 transactions. Additionally, the bank increased its community investment budget by 160%, supporting over 5,500 families, and achieved a 7.5% reduction in total Scope 1 and 2 emissions.
Company: AlBaraka Bank Egypt SAE
Sector: Financials
Country: Egypt
Year: 2024
Type: SR
Pages: 134
AlBaraka Bank Egypt SAE
Sustainability Report
The report highlights Al Baraka Bank Egypt's sustainability achievements and ESG integration in 2024. The bank expanded its sustainable finance portfolio by 23.3% to over EGP 10.5 billion, with 88% directed to social sectors. It fully deployed its Environmental and Social Management System (ESMS), screening 3,850 transactions. Additionally, the bank increased its community investment budget by 160%, supporting over 5,500 families, and achieved a 7.5% reduction in total Scope 1 and 2 emissions.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Employees