Saudi Awwal Bank 2024 SR
The report highlights Saudi Awwal Bank's (SAB) progress in its third ESG report, focusing on its commitment to Saudi Vision 2030 and the Saudi Green Initiative. The bank achieved SAR 19 billion in sustainable financing, progressing toward its SAR 34 billion target by 2025. Key environmental milestones include a 20% reduction in operational emissions and the establishment of the Prince Faisal bin Mashaal Centre for Native Plant Conservation. Socially, the bank empowered local talent through its Sustainability Graduate Programme and reached over 765,000 beneficiaries through financial literacy initiatives. SAB also reinforced its governance by becoming a signatory to the UN Women's Empowerment Principles and enhancing its climate risk framework.
Company: Saudi Awwal Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: SR
Pages: 51
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Saudi Awwal Bank
ESG Report
The report highlights Saudi Awwal Bank's (SAB) progress in its third ESG report, focusing on its commitment to Saudi Vision 2030 and the Saudi Green Initiative. The bank achieved SAR 19 billion in sustainable financing, progressing toward its SAR 34 billion target by 2025. Key environmental milestones include a 20% reduction in operational emissions and the establishment of the Prince Faisal bin Mashaal Centre for Native Plant Conservation. Socially, the bank empowered local talent through its Sustainability Graduate Programme and reached over 765,000 beneficiaries through financial literacy initiatives. SAB also reinforced its governance by becoming a signatory to the UN Women's Empowerment Principles and enhancing its climate risk framework.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Jul 15, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees