Commercial International Bank Egypt (CIB) SAE 2019 Sustainability Report
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2019
Type: Sustainability Report
Pages: 66
The report describes CIB's 2019 responsible-banking strategy, including its founding-signatory role for the UNEP-FI Principles for Responsible Banking and alignment with the SDGs and Paris Agreement. It reports a consolidated carbon footprint covering all 182 branches and a commitment to reduce emissions by 10% by 2025 against a 2018 baseline. The bank also launched the CIB Green Credit Line to finance energy-efficiency and renewable-energy projects. Social and governance highlights include a 6,900-person workforce, 30% female workforce, and two women directors representing 22% of the nine-member board.
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