Commercial International Bank Egypt (CIB) SAE 2023 IR
The report details Commercial International Bank's (CIB) transition to an integrated ESGDD framework, combining environmental, social, governance, and data and digitization pillars. Key highlights include the establishment of intermediate 2030 climate targets for power generation and real estate portfolios in alignment with the Net-Zero Banking Alliance. CIB also advanced financial inclusion by expanding microfinance outreach, particularly targeting women-led enterprises, and launched its first private sector Green Bond impact results. Operationally, the bank reduced its Scope 1 and 2 emissions intensity by 43% from a 2018 baseline and expanded its digital banking capabilities.
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Financials
Country: Egypt
Year: 2023
Type: IR
Pages: 139
Commercial International Bank Egypt (CIB) SAE
Integrated Report
The report details Commercial International Bank's (CIB) transition to an integrated ESGDD framework, combining environmental, social, governance, and data and digitization pillars. Key highlights include the establishment of intermediate 2030 climate targets for power generation and real estate portfolios in alignment with the Net-Zero Banking Alliance. CIB also advanced financial inclusion by expanding microfinance outreach, particularly targeting women-led enterprises, and launched its first private sector Green Bond impact results. Operationally, the bank reduced its Scope 1 and 2 emissions intensity by 43% from a 2018 baseline and expanded its digital banking capabilities.
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Document Details
Report Year
2023
Reporting Period
2022-2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees