Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank - Egypt (CIB) S.A.E. — ESG Presentation (2022)
37 slides from Commercial International Bank - Egypt (cib) S.a.e's sustainability presentation, 2022
Slide 1: Environmental, Social and Governance (ESG) 4Q 2022
Environmental, Social and Governance (ESG) 4Q 2022 CIB Sustainability Report is available on our website here
Slide 2: Table of Contents
TABLE OF CONTENTS ABOUT CIB 04 ESG at CIB 08 OUR PATH TO NET-ZERO 13 DIVERSITY & INCLUSION 22 GOVERANCE 30
Slide 3: Disclaimer
DISCLAIMER By attending the meeting where this presentation deck is being presented and/or distributed or by reading through its slides, you agree with the following limitations: • The information in this presentation may contain future projections and forward‐looking statements that reflect the ban
Slide 4: About CIB
VAIL ABOUT CIB
Slide 5: Our Vision & Mission
ABOUT CIB * VISION MISSION ___ ___ To be at the To transform forefront of change, traditional financial building for the services into simple 210 +7600 EGP 32.9 Billion future, and turning and accessible aspirations into solutions by investing reality in people, data, and digitalization to serve tom
Slide 6: Our Strategy
OUR STRATEGY TODAY TOMORROW Quality loan growth, with focus on increasing product penetration and SoW Positioned as trade finance hub for Egypt & Africa Deposit growth, specially from households Focus on SMEs & underpenetrated retail banking segment with Transactional banking services more eff
Slide 7: Awards & Recognition
AWARDS & RECOGNITION 2022 Best Trade World's Best Best Best Green Sustainable Finance Foreign Wholesale/Tra Bond in Bank Provider in Exchange nsaction Bank Africa of the Year Egypt Providers for Digital CX EMEA MENA Global Global The Digital Finance Finance Finance Banker Country Awards Best Local R
Slide 8: ESG
ESG
Slide 9: Our Approach
OUR APPROACH International Standards and Guidelines “CIB has long understood the importance of fostering a sustainable development transition in Egypt and has remained ahead of the curve when it comes to sustainable finance.” Sherif Samy, Chairman of the Board. “As Egypt’s leading private sector ban
Slide 10: ESG Governance Overview
ESG GOVERNANCE OVERVIEW The integration of sustainability into CIB’s core operation starts at the highest level with signoff from the bank’s Board of Directors who are committed to advancing the bank’s governance structures to ensure the integration of ESG into the bank’s policies and culture. Susta
Slide 11: Our Sustainability Journey
OUR SUSTAINABILITY JOURNEY Environmental and Social Risk Management First Corporate Sustainability First Bloomberg System Green Bond Department Sustainability Gender Equality (ESMS) Issuance in Egypt Establishment Report Index Inclusion 2010 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Founding
Slide 12: ESG Strategy
ESG STRATEGY A dynamic and Advancing inclusive Focusing on flagship The strategy sets an progressive risk growth; initiatives and ambitious target of approach in terms contributing to the thought leadership becoming a Climate of understanding development of to advance the Positive and Carbon and add
Slide 13: Our Path to Net-Zero
VAIL OUR PATH TO NET-ZERO
Slide 14: Our Approach
OUR PATH TO NET-ZERO CIB is a founding member of the Net-Zero Banking Alliance (NZBA). In 2022, CIB published its first NZBA Report, identifying the Bank’s three main carbon intensive sectors, with the purpose of identifying a baseline. Our Approach More information is found in the Bank’s Ecological
Slide 15: Our Own Operations
OUR OWN OPERATIONS CIB has been reporting on, managing and continuously seeking opportunities to reduce its operational emissions since 2018. CIB has been reducing its carbon emissions intensity per employee during the past four years, reaching a 46% decrease in 2021 from the 2018 baseline. More inf
Slide 16: Our Own Operations
OUR OWN OPERATIONS CIB has set a decabonization action plan for our operational GHG emissions reductions More information is found in the Bank’s Ecological Footprint
Slide 17: Environmental, Social & Climate Risk
ENVIRONMENTAL, SOCIAL & CLIMATE RISK CIB has had a robust Environmental and Social Risk Management System (ESRM) in place since 2016, which positions the Bank as the leader in sustainable finance in the Egyptian market and provides clients with the necessary tools and products to aid their transitio
Slide 18: Climate Finance
CLIMATE FINANCE Our clients benefit from increased energy performance, reduced environmental impact, and technical support in technology selection and project assessment Energy Efficiency Renewable Energy Sustainable Transport Non-energy GHG Reduction Energy Management Systems Green Buildings Energy
Slide 19: Climate Finance: Egypt's First Green Bond
CLIMATE FINANCE CIB is constantly seeking innovative sustainable solutions to battle climate change. Among our major achievements, CIB issued Egypt’s first ever green bond, valued at USD 100 million. CIB was awarded Best Green Bond in Africa in 2021 by EMEA Finance! • CIB’s Green Bond Framework meet
Slide 20: Climate Finance
CLIMATE FINANCE In 2021, CIB has been actively investing in various corporate sustainable projects with environmental and social impacts. 9% 36.50% The estimated annual impact of the use of proceeds is the reduction of GHG emissions 18% by more than 2,884 tons CO2/yr and the treatment of more than 1
Slide 21: Supporting the Transition
SUPPORTING THE TRANSITION • CIB’s Sustaining Sectors program is designed to support our corporate clients in different sectors in leveraging sustainability to advance Sustaining their growth and profitability, while decarbonizing and driving system transformation toward a greener economy. Sectors Pr
Slide 22: Diversity and Inclusion
VAIL DIVERSITY AND INCLUSION
Slide 23: CIB Financial Inclusion & Economic Empowerment
CIB FINANCIAL INCLUSION & ECONOMIC EMPOWERNMENT The long-term strategy pillars of the division focus on identifying new customer segment journeys and corresponding existing pain points and barriers that need to be addressed to facilitate access to financial services Pillar 2: The Onboarding — Distri
Slide 24: CIB Financial Inclusion & Economic Empowerment
CIB FINANCIAL INCLUSION & ECONOMIC EMPOWERNMENT CIB’s Financial Inclusion product offerings are simple KYC products, tailored to best serve the unbanked/untapped segments, providing them with access to finance through easy hassle and free onboarding for certain products The Ameen digital wallet, pro
Slide 25: CIB Financial Inclusion & Economic Empowerment
CIB FINANCIAL INCLUSION & ECONOMIC EMPOWERNMENT Financial Inclusion Initiatives Business Solutions Program Women in Business CIB participates in the national The Business Solutions program CIB designed a special lending initiative Hayah Karima. The Bank’s provides non-financial services to offering
Slide 26: Diversity & Inclusion
DIVERSITY & INCLUSION By nurturing and sustaining an inclusive workforce, providing equal and fair opportunities, CIB creates an enabling environment that fosters innovation and deepen employee relationships and ownership. • Multiple women leadership programs across all levels equipping them with th
Slide 27: Diversity and Inclusion
DIVERSITY AND INCLUSION CIB has pioneered several internal and external initiatives related to women empowerment and diversity & inclusion Women in Tech “Helmek Yehemena” She is Back “Better Together” Program Program Program Program The program addresses the The program encourage The program eases t
Slide 28: Diversity & Inclusion
DIVERSITY & INCLUSION CIB’s strategy focuses on promoting organizational effectiveness by improving engagement and enablement levels and enhancing HR’s value proposition Flexible Working Employee Recognition Employee Well-being & Cultural Arrangements Program Mental health Care Transformation CIB “F
Slide 29: Community Development
COMMUNITY DEVELOPMENT In 2010, CIB shareholders voted to establish the CIB Foundation and permanently endow it with 1.5% of the Bank’s annual profits. The Foundation has built strategic partnerships with healthcare providers from the governmental, private, and non-governmental sectors to maximize it
Slide 30: Corporate Governance
VAIL CORPORATE GOVERNANCE
Slide 31: Corporate Governance
CORPORATE GOVERNANCE Commitment to sound corporate governance practices continues to define CIB This commitment is supported by several mandates: The Board carries on with its mandate to continuously improve • Internal policies, risk controls, and manuals have been put in the overall corporate gover
Slide 32: Board of Directors
BOARD OF DIRECTORS • The Board enjoys significant diversity, leadership, skills, operating experience and professionalism in a broad set of industries • Complying with best international practices, an independent Lead Director is appointed • The Board and its committees are governed by well-defined
Slide 33: Board of Directors
BOARD OF DIRECTORS Audit Committee Corporate Governance & Nomination Committee 9 committees assist in fulfilling the Board’s responsibilities; Non- performing, • The Board enjoys significant Written-off and involuntary Risk diversity, leadership, skills, investment Committee operating experience and
Slide 34: Business Continuity & Resilience Management
BUSINESS CONTINUITY & RESILENCE MANAGMENT Initiatives Pioneer in implementing international standards and best practices; established in 2010; ahead of all major players in the market CIB continues to invest in further improving its business continuity and recovery capabilities to ensure it provides
Slide 35: Cyber & Information Security
CYBER & INFORMATION SECUIRTY Initiatives Strong Security Governance & policies aligned with International CIB continues to invest in further Standards and Best Practices improving its Cyber & Information Security capabilities to continuously Certified Payment Cards Industry – Data Security Standards
Slide 36: Thank You
THANK YOU For more information, please visit our website; www.cibeg.com Investor Relations contacts: Headquarters: Customer Service Hotline: Nile Tower Building CIB.InvestorRelations@cibeg.com 21/23 Charles De Gaulle St., 19666 Giza P.O Box 2430 Cairo Egypt
Slide 37: Thank You.
Thank You.
Commercial International Bank - Egypt (CIB) S.A.E. — ESG Presentation (2022) on 6ix