ABK-Egypt issues its carbon fingerprint report to achieve sustainable development

Al Ahli Bank of Kuwait-Egypt – ABK Egypt issued its own carbon fingerprint report, within the framework of the state’s strategy and the directives of the Central Bank of Egypt to achieve the goals of sustainable development and switch to green economy, in terms of assessing greenhouse gas emissions such as consumption.

The bank has also integrated sustainability goals into banking processes, encouraged employees to apply social and environmental principles and practices in sustainability according to Egypt's vision 2030 to support the banking sector and achieve stability for the Egyptian economy and society.

As a contribution from ABK Egypt in reducing the negative effects of the carbon fingerprint, the bank seeks to replace traditional banking transactions with digital products and services that meet the customers’ needs, according to digital transformation and digital technology.

Its worth mentioning that the bank’s mother group in Kuwait has issued the first report on sustainable development in 2020, and the bank was an integral part of this report, as it's committed to the foundations of the global initiative for preparing reports, that reviewed everything  is compatible with sustainability frameworks, which include the United Nations goals for Sustainable Development.

Further more, the bank has intensified its efforts since the corona-virus pandemic to overcome the global crisis through the bank’s strategy that suits the priorities of sustainable development. The report includes the bank’s commitment to achieving distinction in customer service, banking services and products.