Earnings Report and Digital Strategy Update slide image

Earnings Report and Digital Strategy Update

Regional leader in Sustainability Strategic Approach to Sustainability Stemming from the growing social, economic, and environmental challenges, Arab Bank realizes the importance of adopting a holistic sustainability management approach that is well integrated into its daily operations. The bank's sustainability strategy revolves around setting and managing the goals and programs that aim to improve the economic, social, and environmental impacts of the Bank. Based on the bank's sustainability priorities and inspired by its core values, Arab Bank laid the foundation for its sustainability strategic approach based on five focus areas; responsible financing, employee empowerment, transparent reporting, system optimization, and community cooperation. For each of the sustainability focus areas, a clear strategic objectives was established to drive the bank's sustainability efforts in this respective area, thus optimizing the bank's economic, social, and environmental impacts in alignment with its OUR VALUES CITIZENSHIP COMMUNITY INVESTMENT CUSTOMER FOCUS COMMUNITY COOPERATION TRUST OUR FOUNDATION COMMITMENT RISK MANAGEMENT RESPONSIBLE FINANCING SUPPORTING OUR CUSTOMERS IN ACHIEVING THEIR AMBITIONS SERVICE EXCELLENCE QUALITY APPROACH SYSTEM SYSTEM OPTIMIZATION P 3 וככסתוvור/ TEAMWORK EMPOWERMENT HUMAN CAPITAL EMPOWERMENT EMPLOYEE SUSTAINABILITY FOCUS AREAS البنك العربي ARAB BANK Institutionalised and Impactful Community Investment Approach Arab Bank has a well structured corporate responsibility approach that is strategic, measurable, and impactful, supported by a dedicated sustainability team. The Bank's community interventions are channeled through two main engines; Abdul Hameed Shoman Foundation, and Arab Bank's CSR Program "Together". "Together" is an integrated, full-fledged Corporate Social Responsibility (CSR) program, which engages the bank's employees, customers and selected NGOs towards supporting key community causes that are aligned with the community's needs and priorities as well as the bank's Sustainability direction. Reporting on Sustainability As part of its commitment towards transparency, the bank has adopted the new standards of the Global Reporting Initiative (GRI), which are the most widely recognized and used guidelines for sustainability reporting globally. The bank is committed to issuing a GRI based Sustainability Report on an annual basis and is using these reports as a platform for communicating its sustainability performance and impacts to its stakeholders. Arab Bank and The Sustainable Development Goals (SDGs) As the biggest bank in Jordan with one of the largest global Arab banking networks, Arab Bank believes that it has a significant role to play in contributing to the SDGs. Therefore, Arab Bank is actively embedding these global goals into its sustainability approach and daily operations to maximize the positive impact its business can have on society and environment. Arab Bank has been reporting on SDGs through its annual sustainability reports, outlining how its activities and sustainability approach relate and contribute to the SDGs. While its work covers almost all SDGs, the bank focuses its efforts on 12 SDGS where the bank believes it has the most significant impact. 17
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