Faisal Islamic Bank of Egypt 2022 SR

The report highlights Faisal Islamic Bank of Egypt's inaugural sustainability efforts for 2022, focusing on its alignment with Egypt's Vision 2030 and Shari'ah principles. Key achievements include a 15% growth in business volume, the launch of specialized financial inclusion products like the Youth Account, and a significant increase in female recruitment to 66% of new hires. The bank conducted its first comprehensive carbon footprint assessment, setting a target to reduce Scope 1 and 2 emissions by 42% by 2030. Additionally, the bank contributed over EGP 233 million through its Zakat Fund to support individuals, students, and healthcare institutions.

Company: Faisal Islamic Bank of Egypt

Sector: Financials

Country: Egypt

Year: 2022

Type: SR

Pages: 98

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Faisal Islamic Bank of Egypt

Faisal Islamic Bank of Egypt 2022 Sustainability Report

Sustainability Report

The report highlights Faisal Islamic Bank of Egypt's inaugural sustainability efforts for 2022, focusing on its alignment with Egypt's Vision 2030 and Shari'ah principles. Key achievements include a 15% growth in business volume, the launch of specialized financial inclusion products like the Youth Account, and a significant increase in female recruitment to 66% of new hires. The bank conducted its first comprehensive carbon footprint assessment, setting a target to reduce Scope 1 and 2 emissions by 42% by 2030. Additionally, the bank contributed over EGP 233 million through its Zakat Fund to support individuals, students, and healthcare institutions.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Published

Dec 13, 2023

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Workplace Fatalities

Employees