Riyad Bank 2022 SR
The report highlights Riyad Bank's ESG performance for 2022, focusing on its 'Bukra' sustainability strategy. Key achievements include the issuance of a world-first USD 750 million Additional Tier 1 Sustainability Sukuk and investing SAR 13 billion in 25 green and renewable energy projects. The bank expanded its support for SMEs, ranking as the top financial institution in the Kafalah program for the fifth consecutive year. Environmental initiatives included a commitment to plant 4 million trees over a decade and achieving an 8.8% reduction in energy consumption at head offices. The bank also prioritized financial inclusion, training over 5,000 employees to serve persons with disabilities and increasing its female workforce.
Company: Riyad Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2022
Type: SR
Pages: 46
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Riyad Bank
ESG Report
The report highlights Riyad Bank's ESG performance for 2022, focusing on its 'Bukra' sustainability strategy. Key achievements include the issuance of a world-first USD 750 million Additional Tier 1 Sustainability Sukuk and investing SAR 13 billion in 25 green and renewable energy projects. The bank expanded its support for SMEs, ranking as the top financial institution in the Kafalah program for the fifth consecutive year. Environmental initiatives included a commitment to plant 4 million trees over a decade and achieving an 8.8% reduction in energy consumption at head offices. The bank also prioritized financial inclusion, training over 5,000 employees to serve persons with disabilities and increasing its female workforce.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees