Safwa Islamic Bank 2023 SR

The report highlights Safwa Islamic Bank's sustainability performance for 2023, marking its second annual disclosure. Key achievements include reaching JOD 21 million in retail green financing and signing a JOD 70.5 million agreement for a major solar power project. The bank improved gender diversity, with female board representation increasing to 18.2% and management positions reaching 29%. Environmentally, SIB sourced 50% of its energy from renewable sources and expanded digital banking to reduce operational energy consumption. The bank also maintained strong community engagement through various educational and health initiatives.

Company: Safwa Islamic Bank

Sector: Financials

Country: Jordan

Year: 2023

Type: SR

Pages: 74

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Safwa Islamic Bank

Safwa Islamic Bank 2023 Sustainability Report

Sustainability Report

The report highlights Safwa Islamic Bank's sustainability performance for 2023, marking its second annual disclosure. Key achievements include reaching JOD 21 million in retail green financing and signing a JOD 70.5 million agreement for a major solar power project. The bank improved gender diversity, with female board representation increasing to 18.2% and management positions reaching 29%. Environmentally, SIB sourced 50% of its energy from renewable sources and expanded digital banking to reduce operational energy consumption. The bank also maintained strong community engagement through various educational and health initiatives.

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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

Sustainable Development Goals

Other Standards

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

Employees