Commercial International Bank Egypt (CIB) SAE 2021 Sustainability Report
The report highlights CIB's system transformation in 2021, including the approval of its Sustainable Finance Strategy (2021-2024) and the establishment of a Board Sustainability Committee. Key achievements include the issuance of Egypt's first private-sector green bond valued at USD 100 million and the publication of Africa's first ecological footprint report. CIB became a founding signatory of the Net-Zero Banking Alliance and the first Egyptian bank to join the TCFD. The bank also received the Egyptian Gender Equity Seal and improved its CDP rating to C.
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2021
Type: Sustainability Report
Pages: 122
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Commercial International Bank Egypt (CIB) SAE
ESG Report
The report highlights CIB's system transformation in 2021, including the approval of its Sustainable Finance Strategy (2021-2024) and the establishment of a Board Sustainability Committee. Key achievements include the issuance of Egypt's first private-sector green bond valued at USD 100 million and the publication of Africa's first ecological footprint report. CIB became a founding signatory of the Net-Zero Banking Alliance and the first Egyptian bank to join the TCFD. The bank also received the Egyptian Gender Equity Seal and improved its CDP rating to C.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees