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Cairo Amman Bank Issues Its First 2022 Sustainability Report

July 3, 2023

Amman – Today, Cairo Amman Bank issued its first sustainability report, and that issuance comes in accordance with the bank’s commitment to issue annual sustainability reports and in compliance with the rules and guidelines of sustainability reports issued by Amman Stock Exchange.

The report includes all the initiatives and events undertaken by the bank during the past year or those supported by it or as a partner in it, and the bank’s contributions and continuous efforts in the field of achieving the goals of the United Nations Sustainable Development Organization (SDGs) in terms of environmental, social, and governance sustainability, and within the main axes of the bank’s strategy and in accordance with the optimal global standards in this field, in addition to the sustainability directives of the Amman Stock Exchange (ASE) and in line with the vision of economic modernization of 2025 and 2030.

The report includes the bank’s initiatives aimed at supporting the local community and achieving sustainable development through its investments in various sectors and the voluntary efforts of its employees, enabling customers to donate through the bank’s channels to a number of urgent societal causes, based on its social responsibility and to activate the values ​​of solidarity, responsible citizenship, and community participation.

The report also presents the bank’s efforts to reduce the environmental impact of its internal operations, by adopting sustainable practices within the organization, along with digital transformation, developing the skills and capabilities of its employees, and promoting gender equality, which was embodied in the launch of the bank’s strategic framework for women’s empowerment.

In addition, the report indicates the sustainable financing launched by the bank and the environmental and social risk policy it adopts, as part of its directions towards integrating environmental, social, and governance standards into its work, promoting responsible and effective investment, and supporting the transition to a low-carbon economy by financing green infrastructure projects and providing financing solutions to achieve a more sustainable future.

The report was prepared in accordance with the Global Reporting Initiative (GRI) standards and the Amman Stock Exchange (ASE) Sustainability Reporting Guidelines.