We publish our annual Sustainability Report to further cement the incorporation of social development and environmental sustainability dimensions into our core business operations, creating shared value for all ALEXBANK stakeholders, including but not limited to its employees, customers, partners and the communities that host and support us. The 2018 Sustainability Report is a natural progression of our previous edition covering the year 2017 and follows the Global Reporting Initiative (GRI) Standards for sustainable reporting. In a manner reflective of our dynamic approach to creating shared value, we release ALEXBANK’s Sustainability News & Topics, a bi-annual publication aiming to inform ALEXBANK’s partners and friends about our initiatives, projects and partnerships taking place during the second half of 2018.
2018:Impact Through Innovation
ALEXBANK’s 2nd Sustainability Report “Impact Through Innovation: A New Phase of Sustainable Growth”
Our Sustainability Report is a tool that aims to document the value created for all ALEXBANK’s stakeholders. It builds on the success of our 2017 Sustainability Report in strengthening our endeavors to promote sustainable business operations. The 2018 Sustainability Report follows the Global Reporting Initiative (GRI) Standards for sustainable reporting and describes the results achieved in 2018 with a vision on the future.
This year, we are proud to feature a collection of pictures captured from various locations across Egypt of our projects and our connection with the communities surrounding us and our projects. These pictures showcase the authenticity and diversity of our culture cherished by its people in close and distant locations. We would like to shed light on the incredible work so many of us are carrying in silence to preserve the Egyptian heritage we are all bound to. We look forward to growing with purpose with them. For the coming three years, we have plans to increase our efforts towards environmental and social sustainability, wider financial inclusion, further develop our responsible investments, and strengthen local actors active in the arts, culture, and preservation of heritage.
In an effort to stay true to our Egyptian identity, we are currently working on the Arabic version of the report, which we will be sharing with you very soon and releasing on our website.
2017: Creating Shared Value
ALEXBANK’s 1st Sustainability Report “Creating Shared Value: Driving Financial Inclusivity across Egypt”
ALEXBANK is proud to take a step further in strengthening its efforts toward integrated and sustainable development and environmental context in which it operates. We aim at incorporating social development and environmental sustainability dimensions into our core business operations, creating shared value for ALEXBANK, its employees, customers, partners and the communities that host and support our operations.
We are aware that creating long-term value for all our stakeholders is a direct function of doing business sustainably and responsibly. Therefore, ALEXBANK has the ambition to reduce possible negative impacts on society and the environment by adhering to the Egyptian laws and regulations, strict internal codes and procedures, as well as international initiatives and standards for sound risk management and decision-making in the realms of Human Rights, social value creation, climate change, and biodiversity.
The 2017 Sustainability Report is ALEXBANK’s first Sustainability Report and describes the results achieved in 2017 with a vision on the future. It follows the Global Reporting Initiative (GRI) Standards for sustainable reporting.
Sustainability News & Topics
Sustainability News & Topics is a true reflection of the diverse projects being introduced at ALEXBANK that range from introducing initiatives to empower Egypt’s finest artisans or raising awareness on environmental issues through film and history. More importantly, it highlights the expansion of our efforts to works towards a better future for all Egyptians. This bi-annual publication is one of many resources set in place to establish transparency and accountability at ALEXBANK for all our stakeholders. It remains one of our main communication tools and is crucial to ensuring our partners are made aware of the initiatives and breakthroughs the Bank is instigating more frequently.