At anb, sustainability is deeply embedded in business, as we seek to deliver meaningful environmental, social and governance impact across our operations and footprint. By establishing our ESG strategy, we are driving progress in alignment with Saudi Arabia’s transformative goals and leading international standards. Through focused initiatives, we are empowering sustainable growth, supporting national priorities and delivering long-term value for our stakeholders and communities.

Advancing sustainability through a comprehensive ESG strategy

We have embraced a forward-thinking ESG strategy, underscoring our commitment to embedding sustainability across all aspects of our operations. Guided by our vision to support Saudi Arabia’s Vision 2030, Net Zero 2060 goals and social advancement priorities, we are focused on helping our clients transition to sustainability while driving profitability through effective climate risk management and the decarbonization of our portfolio.

To bring this vision to life, we have implemented a dedicated ESG function within our Strategy Transformation Office. This structure is supported by clearly defined roles across central teams, business lines and control and support functions, ensuring seamless execution. To further strengthen our efforts, we have established standardized reporting and disclosure guidelines, ensuring consistency and transparency in communicating our ESG impacts and carbon emissions to stakeholders. Additionally, we have developed a Sustainable Finance Framework (SFF) aligned with our ESG strategy and materiality assessment, providing a structured foundation for guiding sustainable financing activities.

Our decarbonization strategy takes a science-based approach, with an initial focus on high-emission sectors such as power and aviation. We aim to secure a fair market share in Saudi Arabia’s growing pipeline of ESG projects, fully aligned with the Kingdom’s Net Zero 2060 and Vision 2030 objectives. Leveraging our leadership in small and medium enterprise (SME) financing and Fintech enablement, we are committed to facilitating the SME transition and accelerating Greentech innovation, as well as focusing on supporting female entrepreneurship.

To achieve these ambitious goals, we have integrated ESG considerations into our risk management and credit review processes, ensuring that ESG risks are assessed comprehensively at both the client and portfolio levels. Our strategy emphasizes targeted sub-segments, products and services, allowing us to expand our green and social asset portfolio while maintaining our competitive edge in critical industries. With a focus on sectors such as power, waste management, water, green real estate and aviation, we are building on our leadership in SME financing and women’s empowerment while striving to pioneer the SME ESG transition in Saudi Arabia.

In addition to these external efforts, we have incorporated ESG practices into our internal operations, addressing Scope 1 and Scope 2 emissions through sustainable procurement, facilities management and environmentally conscious initiatives. This holistic approach reflects our unwavering determination to deliver long-term value, drive sustainable growth and contribute meaningfully to the Kingdom’s broader economic and environmental aspirations.

Driving the sustainable transition through our finance framework

We recognize the pivotal role we play in driving Saudi Arabia’s sustainable transition by leveraging our financing capabilities. With an estimated SAR 1 trillion financing gap to bridge by 2030, we are deeply committed to supporting the Kingdom’s Vision 2030 by advancing transition finance and empowering citizens through impactful initiatives and programs that align with national sustainable development goals.

At the heart of our sustainability strategy is our SFF, a cornerstone of our efforts to deliver meaningful green and social financing solutions. This framework underscores our commitment to supporting Vision 2030 and the United Nations Sustainable Development Goals (SDGs) while ensuring alignment with global best practices. The SFF is designed to meet the highest international standards, adhering to the International Capital Market Association (ICMA) Principles and the Loan Markets Association (LMA) Guidelines, which has been validated by an external second party, enhancing confidence among stakeholders and reinforcing our role as a leader in sustainable finance.

Through this robust framework, we aim to channel financing toward transformative green and social initiatives, delivering measurable value for the Kingdom’s economy, environment and communities. This approach reflects our unwavering dedication to empowering progress and fostering a sustainable future.