NBB ranks 1st in the Arab World Banking sector by Refinitiv ESG scoring

NBB ranks 1st in the Arab World Banking sector by Refinitiv ESG scoring

The National Bank of Bahrain (NBB) has ranked first in the Arab World’s Banking Sector as per Refinitiv Environmental, Social and Governance (ESG) Scores as of 26 April 2022. The esteemed recognition reflects the Bank’s conviction to become a leader in sustainable banking within the Arab World. NBB’s achieved score of 72 points also places it within the top 10% of global banking services companies rated by Refinitiv, earning a 2 place ranking across all sectors in the Arab World. This milestone underscores the Bank’s continuous efforts to implement ESG considerations across its business and operational conduct, following a commitment to become a more responsible organisation dedicated to meeting the needs of its various stakeholders. The coveted ranking aligns with NBB’s promise to support local and global initiatives through the Kingdom’s Economic Vision 2030 and the United Nations’ Sustainable Development Goals. Showcasing a steady progression since October 2021, NBB has substantially improved their emissions, product responsibility and human rights scores. Today, NBB’s improved scores places it above renowned banks in the region within the Refinitiv database. Commenting on the recognition, Jean-Christophe Durand, CEO of NBB, said: “We are proud to lead the Arab World with our recent Refinitiv ESG scores.