NBB takes lead across all sectors in Arab world

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain (NBB) has successfully ranked first in its ESG performance across all sectors in the Arab World as per Refinitiv ESG Scoring.

During this quarter, the bank’s score rose from 72 to 76 points as a result of NBB’s multiple initiatives that enhanced the bank’s responsible environmental practices, such as providing environmentally friendly products to the bank’s clients.

The leadership position cements NBB’s standing within the top 10% of global banking services companies in the region by Refinitiv’s ESG rating.

Commenting on the recognition, Jean-Christophe Durand, CEO of NBB, said: “Sustainability continues to play an essential role within our organisation.

NBB recognises the significance of adopting sustainable methods that will lead to a positive impact both within our organisation and our community.

Our lineup of ESG-driven products and services have enabled us to assist our stakeholders in reducing their carbon footprint, and simultaneously add value to our community.”

Dana Buheji, Group Chief Human Resources and Sustainability Officer at NBB, said: “NBB’s tireless efforts have been recognised over the course of our sustainability journey, reflecting our collective efforts to engage sustainability across all levels from board members to employees.”

Euromoney Awards

NBB’s sustainability efforts were recognised at this year’s Euromoney Middle East Awards for Excellence 2022 in which the bank was awarded in the following categories: “Middle East’s Best Bank for Corporate Responsibility”, “Best Bank for ESG in Bahrain”, “Best Bank for SME Banking in Bahrain” and “Best Bank for CSR in Bahrain”.

The bank also received the Best Bank for Sustainability Finance in Bahrain award and Outstanding Leadership in Sustainability Transparency on a regional level from Global Finance’s Sustainable Finance Awards 2022.