Memberships & Endorsements
ALEXBANK’s memberships and endorsements define our commitment to promoting sustainability through multiple international frameworks and incorporating diversity in our approach.
We have been adoptees of the Equator Principles since 2012 and implement the framework for managing the impacts on the environment and on local communities that may arise from financing large projects.
The United Nations Global Compact
ALEXBANK has been a signatory of the United Nations Global Compact initiative since 2014. The UNGC policies are multifaceted, addressing ten universal principles to promote environmental welfare, human rights and ethical practice. The Bank’s membership ensures business operations are approached through a framework that is both ethical and sustainable.
Federation of Egyptian Banks (FEB)
ALEXBANK received a special award in recognition of its efforts in transforming the conventional lighting system in seven premises into an efficient LED-lighting system. The “Energy Efficiency” award, supported by the National Energy Efficiency Improvement Project was presented by H.E. Mohamed Shaker, Minister of Electricity and Renewable Energy.
United Nations Environment Programme
UNEP FI is a partnership between the United Nations Environment Programme and the global financial sector created in the wake of the 1992 Earth Summit. Following in the footsteps of our parent company Intesa Sanpaolo, who has been a member of the UNEP FI since 2006, ALEXBANK became one of the first banks in Egypt to join UNEP FI in 2019. In the same year, ALEXBANK has also become a Founding Signatory of the Principles for Responsible Banking (Alignment, Impact & Target Setting, Clients & Customers, Stakeholders, Governance & Culture, Transparency & Accountability). The Principles’ aim is to align the financial sector activities with the UN SDGs and are in line with ALEXBANK’s 4-year CSR & Sustainable Development Strategy (2018-2021) and Intesa Sanpaolo Group’s Business Plan for the same period. We look forward to continuing building a company we are all proud to be a part of as we confront urgent environmental and social issues responsibly.
For more information about ALEXBANK’s activities in the field of social responsibility and sustainable development or if you have queries or concerns related to the environmental and social performance of projects financed by ALEXBANK, please contact us.
We encourage all your suggestions and opinions.
Phone No.: 202-2399200