NBB achieves first place ESG ranking in banking sector within Bahrain

NBB achieves first place ESG ranking in banking sector within Bahrain

The National Bank of Bahrain (NBB) has recently ranked first in the Banking Sector in Bahrain for Environmental, Social and Corporate Governance (ESG) ratings list by ESG Invest. ESG Invest evaluates and scores the ESG performance of more than 700 companies in the Middle East across nine regional markets across 43 Environmental, Social, and Governance (ESG) criteria spanning 140 quantitative and qualitative KPIs. NBB was also ranked second within all the Kingdom's sectors, and is, additionally, the only constituent representing the Kingdom of Bahrain on the Refinitiv Arab Federation of Exchanges (AFE) Low Carbon Select Index. The ESG ranking comes as part of NBB's continuous efforts to enhance their ESG operational capacity in order to create a more sustainable and responsible mode of banking, and continues to bolster its efforts towards becoming a regionally recognised sustainable banking and financial entity in line with its objectives to be a recognized leader in the field. Additionally, the Refinitiv AFE Low Carbon Select Index offers an innovative benchmark for investors wishing to commit capital to companies that actively invest in and promote low carbon activities within their organisations and, hence, contribute to lower the carbon footprint of the region. NBB has