Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank (CIB) — ESG Presentation (2023)
35 slides from Commercial International Bank - Egypt (cib) S.a.e's sustainability presentation, 2023
Slide 1: ESG Commercial International Bank (CIB) 4Q23
ESG Commercial International Bank (CIB) 4Q23 CIB Sustainability Report 2022 -2023 is available on our website here
Slide 2: Investor Relations Disclaimer
INVESTOR RELATIONS 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 t
Slide 3: About CIB
VAIL ABOUT CIB
Slide 4: CIB at a Glance
INVESTOR RELATIONS CIB AT A GLANCE VISION Key Facts * Branches and Units TO BE AT THE FOREFONT OF CHANGE, BUILIDNG FOR THE FUTURE, AND TURNING ASPIRATIONS INTO REALITY Greater Cairo:124 MISSION Alexandria Region: 31 TO TRANSFORM TRADITIONAL FINANCIAL SERVICES Suez Canal Region: 21 208 7,917 EGP 56.0
Slide 5: Subsidiaries and Associates
INVESTOR RELATIONS SUBSIDIARIES AND ASSOCIATES Subsidiaries Associates Commercial International Damietta Shipping and Marine CIB Kenya Limited ACE TCA Properties Finance Company Services Ownership: 39.34% Ownership: 37% Ownership: 100% Ownership: 99.83% Ownership: 49.95% CIB Kenya Limited is a Kenya
Slide 6: Our Strategy
INVESTOR RELATIONS OUR STRATEGY TODAY TOMORROW Quality loan growth, with focus on increasing product penetration and SoW Upscaling CIB Kenya’s operations to cement the bank’s position as trade finance Deposit growth, particularly from households clients hub for Egypt & Africa Financial Transac
Slide 7: Awards
INVESTOR RELATIONS AWARDS 2023 Best Bank for Cash Best Trade Finance Best Bank in Trade Services in North Africa management (Egypt) – Finance - MEED – EMEA Finance Global Finance Best Private Bank – Best securitisation deal Best Bank for SMEs in Global Finance in Africa – EMEA Egypt – Euromoney Fina
Slide 8: Our Approach: Towards Value Creation
OUR APPROACH: TOWARDS VALUE CREATION
Slide 9: Our Approach
INVESTOR RELATIONS OUR APPROACH CIB’s System’s Thinking approach empowered us to realize the International Standards and Guidelines connection between the ESG dimensions and our Business Growth We have been focused on sustainability disclosures that are material to our financial performance, and tha
Slide 10: ESG Governance
INVESTOR RELATIONS ESG GOVERNANCE 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 cult
Slide 11: Value Creation Structure
INVESTOR RELATIONS VALUE CREATION STRUCTURE CIB Sustainable Finance Institutional Pillars CIB Sustainable Finance Policy Published in 2021 and currently under update, CIB's Sustainable Finance policy embeds sustainability throughout its operations. It emphasizes ESG integration across business lines
Slide 12: Our Sustainability Journey
INVESTOR RELATIONS OUR SUSTAINABILITY JOURNEY Environmental and Social Risk Environmental Supporter of the First Corporate Management Transparency by Sustainability First Task for Climate Green Bond 7-year USD 100 million System disclosing loan to finance Department Sustainability Related Financial
Slide 13: Disclosures, Frameworks and ESG Ratings
INVESTOR RELATIONS DISCLOSURES, FRAMEWORKS AND ESG RATINGS CIB has been engaging and aligning with frameworks, disclosures and ratings & indices since 2015. The Bank has been a founding signatory of the UNEP FI PRB since 2019, the first supporter in Egypt of the TCFD in 2020 and a founding signatory
Slide 14: Climate Change Governance
INVESTOR RELATIONS CLIMATE CHANGE GOVERNANCE Board of Directors Board Board Risk Committee Board Sustainability Committee Board Audit Committee Oversight Chief Executive Officer and Managing Director Executive Sustainable Finance Steering Committee Management Oversight Member Member Chief Risk Offic
Slide 15: Environmental, Social and Climate Risk
INVESTOR RELATIONS ENVIRONMENTAL, SOCIAL AND 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 t
Slide 16: Sustainable Finance Offerings: Green Bond
INVESTOR RELATIONS SUSTAINABLE FINANCE OFFERINGS: GREEN BOND In cooperation with IFC, CIB issued Egypt’s first Green Bond with a total amount of $100 Mn SDG Alignment: CIB’s Green Bond Framework is in alignment with ICMA’s Green Bond Principles and addresses several UN SDGs that are relevant to CIB’
Slide 17: Sustainable Finance Offerings: Green Bond Award
INVESTOR RELATIONS SUSTAINABLE FINANCE OFFERINGS: GREEN BOND CIB was awarded Best Green Bond in Africa in 2021 by EMEA Finance! CIB is constantly seeking innovative sustainable solutions to battle In 2021, CIB has been actively investing in various corporate climate change. Among our major achieveme
Slide 18: Sustainable Finance Offerings: Green Bond
INVESTOR RELATIONS SUSTAINABLE FINANCE OFFERINGS: GREEN BOND Non-financial products Portfolio results Internal Capacity External Capacity Key accounts support Success stories 20+ 276 23 Workshop with business units to Professionals attended CIB market CIB Clients supported to proactively 18 support
Slide 19: Sustainable Finance Offerings
INVESTOR RELATIONS SUSTAINABLE FINANCE OFFERINGS Climate Finance ESG Financing Programs Environmental Buffalo Fattening Green Bond Compliance Office Program (BFP) Project (ECO) Environment Protection with KfW (Public Private Sector Project PPSI) Egyptian Pollution Agricultural Veterinary Service Aba
Slide 20: Decarbonization Journey
INVESTOR RELATIONS DECARBONIZATION JOURNEY Transition Finance is a key component of CIB’s strategy to address climate mitigation and manage transition risk Environmental and Social Risk Communication our Reducing our Environmental Supporting the Transition to a Management (ESRM) in the Risk Commitme
Slide 21: Decarbonization Journey: NZBA Report
INVESTOR RELATIONS DECARBONIZATION JOURNEY In 2023 CIB published another NZBA Report, identifying the Bank’s main carbon intensive sectors, and setting two intermediate targets Building on its five-year journey of operational GHG CIB has set intermediate decarbonization targets for the reporting and
Slide 22: Our Own Operations
INVESTOR RELATIONS OUR OWN OPERATIONS CIB has been reporting on, managing and continuously seeking opportunities to reduce its operational emissions since 2018 While CIB's carbon footprint intensity shrunk 43% since 2018, land footprint intensity rose 21%. This increase reflects broader assessment b
Slide 23: Supporting the Transition Beyond Funding
INVESTOR RELATIONS SUPPORTING THE TRANSITION BEYOND FUNDING We work with all stakeholders to Sustaining Sectors Program promote sustainable and responsible • CIB’s Sustaining Sectors program is designed to support our corporate clients in different sectors in leveraging sustainability to advance the
Slide 24: Financial Inclusion and Economic Empowerment
INVESTOR RELATIONS FINANCIAL INCLUSION AND ECONOMIC EMPOWERNMENT As a the sole signatory, in the MENA region, of the Commitment on Financial Health & Inclusion under the Principles for Responsible Banking (PRB) of the United Nations Finance Initiative (UNEP-FI), CIB publicly declares its commitment
Slide 25: Financial Inclusion and Economic Empowerment
INVESTOR RELATIONS FINANCIAL INCLUSION AND ECONOMIC EMPOWERNMENT As a the sole signatory, in the MENA region, of the Commitment on Financial Health & Inclusion under the Principles for Responsible Banking (PRB) of the United Nations Finance Initiative (UNEP-FI), CIB publicly declares its commitment
Slide 26: Financial Inclusion and Economic Empowerment
INVESTOR RELATIONS FINANCIAL INCLUSION AND ECONOMIC EMPOWERNMENT Financial Inclusion Initiatives Business Solutions Program Women in Business CIB participates in the national initiative The Business Solutions program provides CIB designed a special lending offering Hayah Karima. The Bank’s collabora
Slide 27: Diversity and Inclusion
INVESTOR RELATIONS DIVERSITY AND INCLUSION Our commitment extends beyond financial success, we are dedicated to fostering an environment that supports individuals in reaching their full potential. Our commitment also extends to promoting equality, inclusion, and diversity. We are keen to provide equ
Slide 28: Diversity and Inclusion
INVESTOR RELATIONS DIVERSITY AND INCLUSION The bank avails a set of developmental tracks for women, across various managerial levels. Total Trained Females “including non- conventional trainings” Special developmental tracks set for women 96%
Slide 29: Employee Engagement
INVESTOR RELATIONS EMPLOYEE ENGAGEMENT CIB has a robust engagement strategy that supports the improvement of culture, and enriches productivity while providing sustainable performance Employee Employee Recognition “Life at CIB” Well-being & Mental health Program Social Media Pages 3,183 891+ In 2023
Slide 30: Community Development
INVESTOR RELATIONS 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 sec
Slide 31: Corporate Governance
INVESTOR RELATIONS 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 the overall corporate Internal policies, risk controls, and manuals hav
Slide 32: Corporate Governance
INVESTOR RELATIONS CORPORATE GOVERNANCE CIB’s Board consists of 11 members; 10 are non-executive, 7 are independent and 2 representing the interests of Alpha Oryx Ltd* Board of Directors The Board enjoys significant diversity, leadership, skills, Michael-Jay Fadhel Hisham Paresh Al Ali operating e
Slide 33: Business Continuity and Resilience Management; Cyber and Information Security
INVESTOR RELATIONS BUSINESS CONTINUTY AND RESILENCE MANAGEMENT Pioneer in implementing international standards and best practices; established in 2010; ahead of Initiatives all major players in the market CIB continues to invest in further improving its business continuity and recovery capabilities
Slide 34: Thank You
INVESTOR RELATIONS THANK YOU For more information, please visit our website; www.cibeg.com Investor Relations contacts: Headquarters: Customer Service Hotline: CIB.InvestorRelations@cibeg.com Nile Tower Building 21/23 Charles De Gaulle St., 19666 Giza P.O Box 2430 Cairo Egypt 34
Slide 35: Thank you
Thank you
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