Banco Comercial e de Investimentos SA 2024 Annual Report with Sustainability Disclosures
Company: Banco Comercial e de Investimentos SA
Sector: Finance & insurance
Country: Mozambique
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 248
The report describes BCI's 2024 investment in people, with 221,087 training hours and a graduate programme that integrated 660 recent graduates. It also presents a formal ESG governance model led by the Board of Directors, supported by a Sustainability Committee and a newly established Sustainability Division. The sustainability agenda included sustainable-financing and climate and environmental-risk policies, as well as biodiversity and community initiatives. Financially, the company reported MT 6,039.73 million in net income while maintaining a 23.33% solvency ratio despite higher impairments and Mozambique's difficult economic and political context.
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