Sohar International Bank SAOG 2024 SR
The report details Sohar International's inaugural ESG progress and achievements for the fiscal year 2024. Key highlights include achieving a 94% Omanisation rate, launching the digital learning platform 'SI Digital Academy' with a 95% employee adoption rate, and introducing debit cards made from 100% recycled plastic. The bank also developed its draft Sustainable Finance Framework and tracked a significant sustainable finance opportunity pipeline throughout the year. Additionally, Sohar International successfully transitioned to SD-WAN technology across its branches, significantly reducing energy consumption and direct environmental impacts.
Company: Sohar International Bank SAOG
Sector: Financials
Country: Oman
Year: 2024
Type: SR
Pages: 52
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Sohar International Bank SAOG
ESG Report
The report details Sohar International's inaugural ESG progress and achievements for the fiscal year 2024. Key highlights include achieving a 94% Omanisation rate, launching the digital learning platform 'SI Digital Academy' with a 95% employee adoption rate, and introducing debit cards made from 100% recycled plastic. The bank also developed its draft Sustainable Finance Framework and tracked a significant sustainable finance opportunity pipeline throughout the year. Additionally, Sohar International successfully transitioned to SD-WAN technology across its branches, significantly reducing energy consumption and direct environmental impacts.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees