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العربية

Annual Report 2022

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Sustainability

Enjaz Payment Services

Bank Albilad is a bank focused on tomorrow as well as today. This means that we strive to operate in a way that balances the need for economic growth with positive environmental and social outcomes.

Bank Albilad has developed many key sustainability initiatives that are designed to

promote social and environmental objectives.

We achieve this by both direct investment, and by constantly evolving how we operate as a business to reflect the increasing importance of acting in a socially and environmentally sustainable manner.

Bank Albilad has developed many key sustainability initiatives that are designed to promote social and environmental objectives.

One of the key partnerships we have developed is with King Faisal University. We have worked with the University to establish a Chair of Our Head Office Building, Albilad Tower in Riyadh, is now powered by solar energy, a measure which has alone reduced CO2 emissions by 194 tonnes per year.

We have worked with the King Faisal University to establish a Chair of Environmental Sustainability and Food Security.

Environmental Sustainability and Food Security to carry out world-leading research into these critical issues.

Bank Albilad has also made significant progress in mainstreaming environmental sustainability in how we work. We also have implemented new policies to reduce paper use and to encourage recycling by those working on site.

And our approach to sustainability also extends to socially focused initiatives. In 2022, we launched the second phase of our Savings Awareness Initiative, which targets personnel of ministries, government, semi-governmental and private agencies, as well as university and school students.

Corporate and Social Responsabilities (CSR)

this socially responsible approach is embedded in the culture of our team. Staff are encouraged and supported to engage with initiatives that add value to the local communities that we serve.

Mubadarati programme benefitting

,0 48

children and their families.

Volunteering

General

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  • Male and female ambassadors general volunteering
  • Volunteering whitin the Bank’s social initiatives
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  • Male and female ambassadors volunteering in specialized fields such as accounting and information technology to help non-profit organization

Professional

Sustainability

Environment

environment
  • Optimal exploitation of natural resources
  • Recycling
  • Afforestation
  • Environmental awareness
community
  • Integrate disabled persons to take advantage of the Bank’s services.
  • Food basket
  • Training and employment opportunities for citizens
  • Developing Saudi youth competencies

Community

In 2022, Bank Albilad has delivered a range of impactful programmes that have improved the lives of the communities that we serve:

Lifestyle Saving Initiative benefited

39,000

people.

vharitale

Charitable Association of Restoration reached over 1300 families.

1300

families

Mubadarati programme for the Association of Children with Disabilities 11 centres organized 311895 individual sessions benefiting

11,0 48

chlidren

chair
box
8,000

Ramadan food baskets throughout the kingdom

  • We have worked with the waqf Foundation for the rehabilitation and employment of per-sons with disabilities, on the International Day of Down Syndrome. This initiative stems from the Bank’s commitment to removing barriers to access for those with disabilities.
  • We continue to partner with Rheumatology Association to support joint replacement operations for patients with rheumatism in the Al-Baha region
  • Recycling Within the social responsibility programs for environmental preservation, Bank Albilad supports the plastic and paper recycling program, where recycling containers have been distributed to all floors in the head office building- Bank Albilad Tower in Riyadh.

    • The recycling process aims to preserve the envi-ronment through reducing pollution caused by plastic wastes and lesser dependence on logging to produce paper.

    Ambassadors contributed to the recycling of 3,006 kg

  • Al-Khobar Corniche Afforestation Initiative In line with the Saudi Green Initiative aimed at sustainability and the development of vegeta-tion, Al-Bilad volunteer team participated in planting 4,000 seedlings in cooperation with the Eastern Province Municipality, Al-Khobar Municipality, the Eastern Green Initiative, and a number of interested parties in the region.
  • Ihsan platform support Participation in the donation campaign for the Ihsan platform in month of Ramadan by One Million Riyals.
  • Use of clean energy The solar energy system was inaugurated in the Head Office Building -Albilad Tower in Riyadh over an area of 1,743 square meters to produce renewable and sustainable energy to preserve the environ-ment, reduce environmentally harmful carbon emissions and contribute to the provision of:

More than 80 thousand liters of fuel per annum.

Reducing carbon dioxide emissions by 194 tons per annum.

Reducing nitrogen and sulfur oxides emissions at a rate of 1,872 kilograms per annum.

Since Bank Albilad ambassadors started their career with the Bank, they have been keen to participate in sustainability initiatives. The Bank is proud of its accomplishments, for participating in volunteer work in the distribution of Bank Albilad and Enjaz Ramadan Food and Other initiatives of more than 2,500 volunteer hours.

The recycling process aims to preserve the environment through reducing pollution caused by plastic wastes and lesser dependence on logging to produce paper.

More than 20,000 volunteer hours for sponsors for several initiatives that contribute to volunteer work

Bank Albilad recognises the responsibility that it has to invest in and support community activities that contribute to improving the lives of people across Saudi Arabia. This is something that we are committed to doing and staff from all levels of the business play an important role in this wider work.

As we move forward into 2023, we will continue to focus our efforts on supporting those in our Kingdom who require it the most.

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