BANK OF AFRICA WINS THE “ARABIA CORPORATE SOCIAL RESPONSIBILITY AWARDS 2022” FINANCIAL SERVICES CATEGORY DURING 15TH CYCLE OF THE ARABIA CSR AWARDS - DUBAI 7 October 2022

For the 9th consecutive year, BANK OF AFRICA was awarded for its leadership and commitment to Corporate Social Responsibility and Sustainability in the MENA Financial Services Sector category. This award was given during the Ceremony held on October 5th in Dubai, on the 15th cycle of the Arabia CSR Awards.

 

The Arabia CSR Awards is a regional platform recognising organisations in the region that demonstrate leadership, clear strategy and effective implementation of CSR and sustainability.  This year's winners represent both the public and private sectors from 9 Arab countries, across 15 categories.  The Jury's criteria are based on international standards and policy principles such as the United Nations Global Compact (UNGC) principles, the Global Reporting Initiative (GRI) standards, the European Foundation for Quality Management (EFQM) model, the 17 United Nations Sustainable Development Goals, and most recently the Global Investors Alliance for Sustainable Development.

 

BANK OF AFRICA’s performances highlighted by this award are particularly in the domains of the Environment and Human Resources, with special mention of actions in the areas of Community Involvement, Promotion of Social and Economic Development, societal impacts of the bank's products and services as well as commercial behaviour.

 

            The Arabia CSR Awards and Network, a leading regional benchmark, has broadened its scope considerably over the decade and its credibility has earned it the trust and recognition of global and regional bodies such as the United Nations Global Compact, the United Nations Environment Programme and the League of Arab States.

 

This award confirms the Bank's commitment to leading positive impact finance, driven by values, which reflect the Group's sustainable development strategy. This award also pays tribute to the leadership and vision of President Othman Benjelloun and his Group, a pioneer in the integration of strong sustainability performance levers.