National Bank 2023 SR

The report highlights TNB's sustainability performance in 2023, emphasizing its role as a leader in responsible banking in Palestine. The bank achieved a record Capital Adequacy Ratio of 16.71% and was recognized as the most profitable Palestinian bank. Key environmental milestones include meeting 62% of its energy needs through the Noor Jericho Solar Park and reducing water consumption by 26%. TNB also advanced its digital transformation, seeing a 35% increase in online transactions and implementing a new SAP ERP system. Socially, the bank focused on financial inclusion, growing its SME loan portfolio by 3% and supporting humanitarian relief efforts in Gaza.

Company: National Bank

Sector: Financials

Country: Palestine

Year: 2023

Type: SR

Pages: 66

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National Bank

National Bank 2023 Sustainability Report

Sustainability Report

The report highlights TNB's sustainability performance in 2023, emphasizing its role as a leader in responsible banking in Palestine. The bank achieved a record Capital Adequacy Ratio of 16.71% and was recognized as the most profitable Palestinian bank. Key environmental milestones include meeting 62% of its energy needs through the Noor Jericho Solar Park and reducing water consumption by 26%. TNB also advanced its digital transformation, seeing a 35% increase in online transactions and implementing a new SAP ERP system. Socially, the bank focused on financial inclusion, growing its SME loan portfolio by 3% and supporting humanitarian relief efforts in Gaza.

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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

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

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Employees