ESG Report

Overview

The report shows SAB's 2023 progress in sustainable finance, climate action, and ESG governance. It facilitated circa SAR 12.6 billion in sustainable finance and investments toward a SAR 34 billion 2025 target, while setting operational Net Zero for 2035 and financed-emissions Net Zero for 2060. The report also provides externally assured Scope 1, Scope 2, and partial Scope 3 emissions data. Social highlights include financial literacy for over 730,000 students and continued support for MSMEs and entrepreneurship.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: Ends 31 December 2023
Publication date: 28 May 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Scope
Statement included
Metrics assured

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