Commercial International Bank Egypt (CIB) SAE 2020 Annual Report with Sustainability Disclosures
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 163
The report describes CIB's 2020 sustainability progress, including a formally established sustainability governance framework, a Sustainable Finance Steering Committee, and the appointment of a Chief Sustainability Officer. It reports that CIB joined TCFD and linked its planned green bond to five SDGs. The report also sets a total target of 10% GHG reduction by 2025 against a 2018 baseline, alongside resource-efficiency and gender-empowerment initiatives.
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