National Bank of Egypt 2023 Sustainability Report
The report highlights the National Bank of Egypt's (NBE) ESG progress in 2023, focusing on five strategic pillars: Inclusive Prosperity, Digital Future Banking, Human Capital, Sustainable Community Development, and Planet Regeneration. Key achievements include a sustainable finance portfolio reaching EGP 102 billion and significant investments in digital transformation, resulting in cost savings of EGP 2.71 billion. The bank demonstrated strong community commitment with EGP 1.353 billion in donations, primarily towards healthcare and education. Environmentally, NBE expanded its solar-powered branch network to 42 locations and achieved a reduction in Scope 1 and Scope 3 emissions. The report also details the bank's first TCFD-aligned disclosures and its continued adherence to GRI, SASB, and UNGC frameworks.
Company: National Bank of Egypt
Sector: Finance & insurance
Country: Egypt
Year: 2023
Type: Sustainability Report
Pages: 162
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National Bank of Egypt
Progress ESG Report
The report highlights the National Bank of Egypt's (NBE) ESG progress in 2023, focusing on five strategic pillars: Inclusive Prosperity, Digital Future Banking, Human Capital, Sustainable Community Development, and Planet Regeneration. Key achievements include a sustainable finance portfolio reaching EGP 102 billion and significant investments in digital transformation, resulting in cost savings of EGP 2.71 billion. The bank demonstrated strong community commitment with EGP 1.353 billion in donations, primarily towards healthcare and education. Environmentally, NBE expanded its solar-powered branch network to 42 locations and achieved a reduction in Scope 1 and Scope 3 emissions. The report also details the bank's first TCFD-aligned disclosures and its continued adherence to GRI, SASB, and UNGC frameworks.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability 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
Employees