Awarded the Gold Award for CSR
Ranked Among Top 10 brands for CSR in Saudi Arabia and top 50 in the Middle East by Forbes
Over
of Volunteer Work
Achieved LEED certification for the Bank Albilad Tower
Assisted
People in
Need
Recycled Over 5 Tons of Waste.
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.
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.
Saving
Preserving
reducing CO2 emissions by over
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
to the Ehsan platform and the distribution of the Albilad Ramadan Basket
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.
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.