Banque Saudi Fransi 2023 Annual Report with Sustainability Disclosures
Company: Banque Saudi Fransi
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 110
The report describes a transformational 2023 with record net income of SAR 4.22 billion and the development of a comprehensive ESG framework. The company reports a 17.9% reduction in Scope 1 and Scope 2 emissions and a 17.2% reduction in total water consumption. It also identifies 15 sustainability-related material issues and establishes Board-level ESG governance through an ESG Board Committee.
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