Saudi National Bank 2022 SR
The report highlights SNB's ESG performance for 2022, following its merger to become Saudi Arabia's largest bank. Key achievements include the implementation of a Sustainable Finance Framework, the issuance of the first sustainable Sukuk, and a 42.2% increase in green assets. The bank demonstrated strong social commitment by supporting nearly 8,000 SMEs with SAR 46 billion and increasing community investments by 27%. Environmental initiatives featured the installation of solar panels at the Riyadh head office and the planting of 200,000 mangrove trees. Additionally, SNB achieved 99.3% nationalization and maintained zero data security breaches over three years.
Company: Saudi National Bank
Sector: Financials
Country: Saudi Arabia
Year: 2022
Type: SR
Pages: 64
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Saudi National Bank
ESG Report
The report highlights SNB's ESG performance for 2022, following its merger to become Saudi Arabia's largest bank. Key achievements include the implementation of a Sustainable Finance Framework, the issuance of the first sustainable Sukuk, and a 42.2% increase in green assets. The bank demonstrated strong social commitment by supporting nearly 8,000 SMEs with SAR 46 billion and increasing community investments by 27%. Environmental initiatives featured the installation of solar panels at the Riyadh head office and the planting of 200,000 mangrove trees. Additionally, SNB achieved 99.3% nationalization and maintained zero data security breaches over three years.
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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
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees