Group Strategy and Business Model
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.
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