• Key dimensions of sustainability:
  1. Environmental sustainability: related to protecting the environment and preserving natural resources. This includes reducing pollution, promoting the use of renewable energy, and preserving biodiversity.
  2. Economic sustainability: It aims to build stable economies capable of growing in a sustainable manner. This includes promoting innovation, creating job opportunities, and ensuring efficient use of resources.
  3. Social sustainability: Focuses on building just and inclusive societies. This includes combating poverty, improving education and health care, and ensuring justice and equality.

  Basic principles of sustainability:

  • Long-term thinking: planning for the long term rather than seeking short-term gains.
  • Integration: Considering the interactions between environmental, economic, and social dimensions and making decisions that balance them.
  • Participation: Involving all stakeholders in the decision-making process to ensure that sustainable solutions are comprehensive and acceptable.

   

  Sustainable Development Goals (SDGs):

  In 2015, the United Nations established a set of global goals to achieve sustainability by 2030. These goals include eradicating poverty and hunger, ensuring quality education, achieving gender equality, and climate action.

  Sustainability practices:

  • Circular economy: A system that aims to eliminate waste and continuously use resources through recycling and reuse.
  • Renewable energy: Transition to renewable energy sources such as sun and wind to reduce dependence on fossil fuels.
  • Sustainable agriculture: agricultural practices that preserve the environment, improve soil health, and increase crop productivity in sustainable ways.

   

  Sustainability challenges:

  • Climate change: increasing global temperatures and its impact on the environment and the economy.
  • Resource scarcity: excessive consumption of natural resources and their decrease.
  • Poverty and inequality: the disparity in the distribution of resources and wealth between and within countries.

   

  Sustainability is the path to a better and safer future for future generations, and requires joint efforts from governments, companies, and communities to achieve it.

   

  Environmental, Social and Governance Sustainability:

  We are committed to maintaining our position and interest in sustainable development issues, which is based on maintaining a good level of environmental performance, distinguished social responsibility, and our commitment to corporate governance standards.

  To promote long-term sustainable investment and develop disclosure and commitment to environmental, societal and governance sustainable development issues, we believe in our responsibility to set an example through our high-quality services and products and our commitment to comprehensive and sustainable economic development.

   

  We realize that adopting business practices that address ESG issues within the framework of shared prosperity with stakeholders (customers, shareholders, suppliers, partners, community and environment, employees, and regulators), especially through our activities

  Finance makes a significant contribution to society, and a proactive approach to sustainability not only enhances the resilience of AlAhli’s business, but also supports sustainable financial performance.

  

  company environmental, social and governance sustainability strategy and framework:

  The sustainability strategy is considered an integral part of the National Bank’s strategy, vision, values ​​and basic axes, which meet the ambitions and aspirations of all stakeholders. has been updated

  The company approach to sustainability and our responsibility towards environmental protection, social responsibility and governance are in accordance with the best global and international standards and practices and with the aim of achieving sustainable development goals, through the following basic axes:

  • The axis of environmental sustainability, which is our endeavor to protect the environment and reach an environmental society by reducing the environmental impact resulting from our operations, practices and activities, through the use of alternative energy and reducing the depletion of natural resources and paper consumption.

  This is done by automating our operations to provide environmentally friendly banking solutions to individuals, institutions and companies that support and are concerned with protecting the environment.

  • The axis of social sustainability, in which this approach revolves around advancing the local community and developing our social responsibility to achieve an increasing development impact by meeting the aspirations of all stakeholders, including improving customer experience and satisfaction, development

  Developing employees’ capabilities while taking into account their health and safety, empowering and supporting our communities through various development initiatives, and supporting local partners and suppliers.

   

  • The axis of responsible (good) governance and its sustainability, which ensures the bank’s commitment to integrating environmental, social, and governance issues and managing them within the governance framework model and the main principles of governance for the bank, in a way that ensures access to sustainability, which enhances

  Responsible and sustainable practices in all bank operations and institutional decision-making.

  Three sub-themes emerge from these themes:

  • Sustainable and responsible financing: which is considered one of the most important aspects of growth in the banking sector as it aims to finance projects and initiatives that have a positive impact on society and the environment.
  • Sustainable operations: by adopting responsible purchasing practices and sustainable supply chains, and achieving fairness and equality among all our workforce.
  • Environmental and community responsibility: Purposeful activities and initiatives are presented that work to provide social and economic development within the framework of the eight focus areas: community empowerment in general and women’s empowerment in particular, poverty and unemployment, health,
  • Environment and climate change, education and financial inclusion, arts and culture, innovation and social creativity and volunteering.

   

Future vision:

We look forward to a future of significant progress in multiple areas of sustainability. We will focus on protecting the environment by promoting the use of renewable energy and developing clean technology, in addition to reducing emissions resulting from our operations and activities in accordance with environmental standards.

 In the societal context, we will work to promote the principle of equality, enhance the empowerment of women in the bank, the labor market and society, and provide opportunities to assume leadership positions. We also seek to empower society.

Local development through sustainable education and training with the aim of achieving and promoting financial inclusion and comprehensive development. In the area of ​​governance, we will build effective monitoring and evaluation systems, and enhance transparency in decision-making. We will also rely on innovation and technology to enhance efficiency and improve performance

We seek to transform our banking products and services into innovative digital solutions, in addition to automating our operations to provide sustainable, innovative and digital services and operations.

We will also provide a comprehensive responsible and sustainable financing framework that addresses environmental and social challenges through various banking services and products that promote sustainable development, social justice for all segments of society, and green financing, with the aim of achieving…

 Financial prosperity for all stakeholders. We will also work to commit to responsible purchasing practices and sustainable supply chains. We will build a future that reflects our commitment to sustainability in all aspects.