Bank Muscat SAOG 2024 SR

The report highlights Bank Muscat's 2024 ESG performance, emphasizing its alignment with Oman Vision 2040 and the UN SDGs. Key achievements include reaching over 23,000 students through the Maliyat Academy financial literacy program and maintaining a 92% Omanization rate. The bank enhanced accessibility with 47 upgraded branches featuring tactile guidance and braille-enabled ATMs. Environmentally, it achieved an 8% reduction in water withdrawal and continued promoting renewable energy through solar-powered branches. The report also details robust governance practices, with 100% of transactions screened for money laundering and zero data security breaches recorded during the year.

Company: Bank Muscat SAOG

Sector: Financials

Country: Oman

Year: 2024

Type: SR

Pages: 78

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Bank Muscat SAOG

Bank Muscat SAOG 2024 Sustainability Report

Sustainability Report

The report highlights Bank Muscat's 2024 ESG performance, emphasizing its alignment with Oman Vision 2040 and the UN SDGs. Key achievements include reaching over 23,000 students through the Maliyat Academy financial literacy program and maintaining a 92% Omanization rate. The bank enhanced accessibility with 47 upgraded branches featuring tactile guidance and braille-enabled ATMs. Environmentally, it achieved an 8% reduction in water withdrawal and continued promoting renewable energy through solar-powered branches. The report also details robust governance practices, with 100% of transactions screened for money laundering and zero data security breaches recorded during the year.

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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

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Women on Board

Women in Management

Employees