Saudi Awwal Bank 2024 Sustainability Report
Company: Saudi Awwal Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: Sustainability Report
Pages: 51
The report documents SAB's 2024 ESG progress, including nearly SAR 19 billion in sustainable financing and targets for net zero operations by 2035 and financed emissions by 2060. It reports gross Scope 1 emissions of 6,029 tCO2eq, Scope 2 emissions of 37,073 tCO2eq, and Scope 3 emissions of 316,102 tCO2eq, alongside a 4% total GHG reduction. Workforce reporting covers 3,879 full-time employees, with women occupying 9% of Board seats. The report also describes a refreshed materiality assessment and alignment with SASB, ISSB/IFRS S1-S2, TCFD, and UNGC.
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