Saudi National Bank 2023 SR
The report highlights SNB's 2023 ESG performance, focusing on its new ESG strategy and refreshed sustainability framework aligned with Saudi Vision 2030. Key achievements include financing the NEOM Green Hydrogen Project and increasing sustainable assets to SAR 1,519 million in green assets and SAR 7,073 million in social assets. The bank achieved a 99.2% nationalization rate and reported zero data security breaches and corruption incidents over the last three years. Environmental initiatives led to a 15.7% reduction in electricity consumption and the planting of 200,000 mangrove trees. Additionally, the bank provided over 258,000 hours of training to its workforce.
Company: Saudi National Bank
Sector: Financials
Country: Saudi Arabia
Year: 2023
Type: SR
Pages: 44
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Saudi National Bank
ESG Report
The report highlights SNB's 2023 ESG performance, focusing on its new ESG strategy and refreshed sustainability framework aligned with Saudi Vision 2030. Key achievements include financing the NEOM Green Hydrogen Project and increasing sustainable assets to SAR 1,519 million in green assets and SAR 7,073 million in social assets. The bank achieved a 99.2% nationalization rate and reported zero data security breaches and corruption incidents over the last three years. Environmental initiatives led to a 15.7% reduction in electricity consumption and the planting of 200,000 mangrove trees. Additionally, the bank provided over 258,000 hours of training to its workforce.
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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:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees