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Corporate

Social Responsibility

2024
Highlights

Awarded the Gold Award for CSR

GOLD

Ranked Among Top 10 brands for CSR in Saudi Arabia and top 50 in the Middle East by Forbes

Forbes

Over

0,000
hrs

of Volunteer Work

Achieved LEED certification for the Bank Albilad Tower

LEED

Assisted

0,000

People in
Need

Recycled Over 5 Tons of Waste.

0 Tons

In 2024, the Corporate Social Responsibility (CSR) department at Bank Albilad has actively pursued initiatives that support the community, enhance environmental sustainability, and enable people with disabilities.

Our efforts this year have significantly contributed to the bank’s reputation as a socially responsible entity and

have aligned closely with our goals of supporting the health sector and fostering a sustainable environment.

Impact Through
Volunteering

This year, we elevated our commitment to environmental sustainability through the Al-Bilad Voluntary Campaign for Environmental Awareness, held in King Salman Park.

This campaign successfully united community partners and volunteers to collect over 1 ton of waste, enhancing local environmental health.

Furthering our sustainability agenda, Bank Albilad implemented advanced recycling initiatives within our headquarters. We introduced specialized recycling machines linked to a rewards system application, encouraging active participation in recycling efforts.

These efforts collectively resulted in over 8 tons of waste being recycled since the recycling initiative started in 2020, demonstrating our proactive approach to reducing the environmental impact of our operations. This effort also led to substantial resource conservation: saving 141 trees, preserving 57,855 gallons of water, reducing CO2 emissions by over 20.88 tons, saving 47,722 kilowatts of energy, and conserving additional valuable natural resources.

Financial literacy and savings were promoted vigorously through the Albilad Saving Hackathon and the Savings Lifestyle Initiatives. These programs, designed by accredited academics and trainers, reached 45,000 beneficiaries, enhancing their financial awareness and fostering a culture of saving among employees from various government and private sectors. The Hackathon, in particular, engaged over 1,300 participants in crafting innovative financial planning solutions, underscoring our commitment to increasing household savings in line with national economic goals.

Our dedication to inclusivity was highlighted by “Our Summer Together” in Asir, an initiative that made parks and farms more accessible to individuals with disabilities all while providing enriching experiences for these individuals, promoting greater societal inclusivity.

This effort also led to
substantial resource
conservation

Saving

0,0

kilowatts
of energy

Saving

0

Trees

Preserving

0,0

gallons of water

reducing CO2 emissions by over

0.0

tons

During the 2024 Hajj season, we launched "Albilad Pilgrims Gift” initiative, providing sunshades for pilgrims at key locations, thereby enhancing their comfort and safety and reaffirming our commitment to supporting religious hospitality obligations.

Community support was robust, particularly through our substantial donation of 1,000,000 to the Ehsan platform and the distribution of the Albilad Ramadan Basket, which aided over 29,000 individuals in need.

substantial donation

0

to the Ehsan platform and the distribution of the Albilad Ramadan Basket

Our health-focused initiatives included a successful blood donation campaign that saw participation from over 140 individuals, highlighting the collective effort of our employees and reinforcing the importance of health within the community.

These initiatives were recognized nationally and internationally, garnering prestigious accolades such as the Gold Award for Corporate Social Responsibility from the Ministry of Human Resources and Social Development, placing Bank Albilad among the top 10 brands in CSR in Saudi Arabia and among the top 50 in the Middle East as per Forbes. Additionally, the LEED certification of Bank Albilad Tower and the Mowaamah Gold Certificate emphasized our commitment to sustainability and inclusive employment practices, further establishing our leadership in transforming the banking industry towards greater corporate responsibility.

Tech-Driven
Advancements

The CSR department has also embraced technology to enhance our initiatives and outreach.

The Fathkroony application was notably improved to offer users enhanced features like important religious occasions, a Qur’an reading tracker, and the nearest mosque locator. These features have not only improved user experience but also fostered greater engagement with the app’s religious content.

These efforts collectively resulted in over 8 tons of waste being recycled since the recycling initiative started in 2020, demonstrating our proactive approach to reducing the environmental impact of our operations. This effort also led to substantial resource conservation: saving 141 trees, preserving 57,855 gallons of water, reducing CO2 emissions by over 20.88 tons, saving 47,722 kilowatts of energy, and conserving additional valuable natural resources.

This partnership approach allows us to extend our impact by aligning our technological capabilities with the operational needs and creative ideas of various charitable organizations, furthering our commitment to community support and environmental sustainability.