Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank (CIB) — ESG Presentation (2024)
32 slides from Commercial International Bank - Egypt (cib) S.a.e's sustainability presentation, 2024
Slide 1: ESG Commercial International Bank (CIB) 3Q24
ESG Commercial International Bank (CIB) 3Q24 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 Key Factors Total Assets Presence 209 8,195 EGP 42.3bn* +2mn 1,381 EGP 250bn Profits by Lines of Business Total Customer Deposits Subsidiaries and Associates: • CIB Kenya Limited 100% • Commercial International Finance 12.63% 39.47% Company 99.96% 17.04% • Damietta
Slide 5: Shareholding Structure
INVESTOR RELATIONS SHAREHOLDING SRTUCTURE *Alpha Oryx Ltd. (a subsidiary of Lunate Legacy IV LP), where Alpha Oryx Ltd. owns 18.23% in both local shares and GDRs. * Several wholly owned subsidiaries of Fairfax Financial Holdings Ltd (“Fairfax”)
Slide 6: Our Strategy
INVESTOR RELATIONS OUR STRATEGY
Slide 7: Our Approach: Towards Value Creation
OUR APPROACH: TOWARDS VALUE CREATION
Slide 8: Our Approach
INVESTOR RELATIONS OUR APPROACH CIB’s System’s Thinking approach empowered us to realize the connection between the ESG dimensions and our Business Growth We have been focused on sustainability that are material to our financial performance, and that ensure impact and value creation. Our record test
Slide 9: ESGDD Integrated Report 2023
INVESTOR RELATIONS ENVIRONMENTAL,SOCIAL, GOVERNANCE, DATA AND DIGITIZATION INTEGERATED REPORT 2023 CIB has published its second Environment, Social, Governance, Data, and Digitization (ESGDD) Integrated Report 2023, themed around “Driving Value Creation”. The report expands on the acronym of ESG to
Slide 10: Disclosures, Frameworks and ESG Ratings
INVESTOR RELATIONS DISCLOSURES, FRAMEWORKS AND ESG RATINGS CIB has been engaging and aligning with ESG standards, frameworks, ratings and indices since 2015. The Bank is a founding signatory of the UNEP FI PRB since 2019, the first supporter in Egypt of the TCFD in 2020, and a founding signatory of
Slide 11: Sustainability Governance Structure
INVESTOR RELATIONS SUSTAINABILITY GOVERNANCE STRUCTURE The Bank employs a balanced approach, integrating sustainability principles throughout its operations at all levels, enabling the Bank to address environmental and climate-related risks while promoting sustainable growth. Board of Directors The
Slide 12: Value Creation Structure
INVESTOR RELATIONS VALUE CREATION STRUCTURE CIB Sustainable Finance Institutional Pillars CIB Sustainable Finance Policy Initially published in 2021 and periodically reviewed, CIB's Sustainable Finance Policy embeds sustainability throughout its operations. It emphasizes ESG integration across busin
Slide 13: Our Sustainability Journey
INVESTOR RELATIONS OUR SUSTAINABILITY JOURNEY Environmental and Social Risk 7-year USD 100 Environmental Supporter of the First Corporate million loan to Management Sustainability First Transparency by finance System Task for Climate Green Bond Department Sustainability disclosing sustainability (ES
Slide 14: Climate Change Governance Roles and Responsibilities
INVESTOR RELATIONS CLIMATE CHANGE GOVERNANCE ROLES AND RESPONSIBILITIES 14 It should be noted that the ExCo and SFSC climate change roles and responsibilities are depicted within the Sustainability Governance Structure
Slide 15: Environmental, Social and Climate Risk
INVESTOR RELATIONS ENVIRONMENTAL, SOCIAL AND CLIMATE RISK CIB’s Environmental and Social Risk Management System (ESRMS) is continuously updated to comply with the most recent national regulations and international performance standards. Since adopting the Equator Principles (EPs) in 2021, CIB has co
Slide 16: Sustainable Finance Offerings
INVESTOR RELATIONS SUSTAINABLE FINANCE OFFERINGS Climate Finance CIB was able to access capital of USD250 Mn for sustainable finance offering including where applicable a grant element which covers the CIB Green Bond, IFC MCPP, and EBRD’s GEFF. The CIB Green Bond invests heavily in various green act
Slide 17: 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 18: 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 CIB’s Scope 1 and 2 absolute carbon emissions have decreased by 13% when compared to the 2018 results, and the emissions intensity has also
Slide 19: Transition Planning
INVESTOR RELATIONS TRANSITION PLANNING The Bank is committed to mitigating direct and indirect CO2 emissions, generating the necessary capacities for adaptation, and advancing the research and development of new sustainable finance products and services as a collaborative effort among our business l
Slide 20: 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 21: Financial Inclusion and Economic Empowerment
INVESTOR RELATIONS FINANCIAL INCLUSION AND ECONOMIC EMPOWERNMENT
Slide 22: Financial Inclusion and Economic Empowerment
INVESTOR RELATIONS FINANCIAL INCLUSION AND ECONOMIC EMPOWERNMENT
Slide 23: 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 24: 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 25: 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 SSN Expert Talk Amal El Araby Award Well-being & Mental health Program CIB prioritized
Slide 26: 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 27: Corporate Governance
INVESTOR RELATIONS CORPORATE GOVERNANCE
Slide 28: Corporate Governance
INVESTOR RELATIONS CORPORATE GOVERNANCE *Alpha Oryx Ltd. (a subsidiary of Lunate Legacy IV LP), where Alpha Oryx Ltd. owns 18.23% in both local shares and GDRs
Slide 29: 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 30: Awards
INVESTOR RELATIONS AWARDS Global Finance Global Finance EMEA Finance EUROMONEY EUROMONEY Best FX bank in Egypt Best Overall Bank for Best property deal Corporate Social Egypt's Best FX Bank Cash management Orascom for Real Responsibility(CSR) Estate’s EGP6bn 10- Egypt Global Finance year syndicated
Slide 31: 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 31
Slide 32: Thank you
Thank you
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