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
Bank Muscat SAOG
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