We firmly believe that SAB has a unique role in society, and that we can spearhead transformational change in the Kingdom
SAB has always played a part in driving economic growth and societal progress in the Kingdom. Today, we have an equally pivotal role to play in making a real and lasting difference to our environment, communities and people.
In 2024, SAB advanced its sustainability and responsible banking agenda, achieving key milestones despite a complex global environment. We remain committed to building on this progress and supporting a more sustainable future, in line with the Kingdom’s Vision 2030
2024 was a year of meaningful progress for SAB. Throughout the year, our ESG Office played a pivotal role in positioning SAB to oversee and deliver a wide range of strategic ESG commitments and initiatives.
This report highlights the extent to which we have embedded ESG considerations into our corporate strategy, governance frameworks, and overall operating ethos
At SAB we fully recognize that addressing climate change is an urgent and complex challenge,one that requires a fundamental transformation of the global economy.
SAB operates from a strong foundation of value-creating governance. We believe that a robust corporate governance approach is essential to the Bank's long-term sustainability
To identify our material matters, we followed a rigorous process of analysis and stakeholder engagement that incorporated both quantitative and qualitative insights.
In pursuing the objectives set out in Vision 2030, SAB also contributes to many of the UNSDGs.
Advancing environmental sustainability within our operations includes transforming our workplaces to support the sustainability transition
We strive to play a leading role in shaping an inclusive and diverse society, positively impacting our stakeholders
A commitment to the standards of governance, driving integrity,transparency and responsibility in every decision we make.