Arab African International Bank 2024 Sustainability Report
Company: Arab African International Bank
Sector: Finance & insurance
Country: Egypt
Year: 2024
Type: Sustainability Report
Pages: 119
The report highlights AAIB's issuance of Egypt's first sustainability bond, a USD 500 million offering allocated 75% to green projects and 25% to social initiatives. It reports an expanded 2024 operational carbon footprint assessment covering Scope 1, 2, and 3, and describes its inaugural financed-emissions assessment for the iron and steel sector. The report also discloses 22,316 MWh of energy consumption, 105,623 m3 of water consumption, and 432 tons of generated waste. Workforce disclosures include 3,180 employees, 33% women in the workforce, and 125,030 training hours.
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