QIB releases its 1st sustainability report

QIB releases its 1st sustainability report

Qatar Islamic Bank (QIB) has released its first sustainability report in line with Qatar National Vision 2030 and the recently launched National Strategy for the Environment and Climate Change.

The report highlights QIB’s efforts to contribute to the accomplishment of global sustainable development goals and highlights the bank’s achievements in implementing Environmental, Social, and Governance (ESG) standards.

The report is providing a high-level overview of QIB’s sustainability framework that covers the bank’s strategy, objectives, plans, and results as well as its positioning on the most important issues for its key stakeholders.

The bank’s sustainability framework consists of five pillars, crucial for supporting the bank’s goal in contributing to the growth of Qatar and to the country’s sustainable development in the future. The five pillars are Sustainable Finance, Responsible Banking, Governance, Ethics & Risk Management, and Empowering QIB’s People and Positive Community Impacts. These pillars and their corresponding topics reflect the bank’s strategic priorities to enable sustainable growth while delivering an outstanding customer experience.

QIB Group CEO Bassel Gamal said, “I am pleased to present our first sustainability report setting out our accomplishments and efforts deployed in 2020 to support all segments of society during these challenging times. While the world is emerging