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HomeInvestmentSaudi Bank Joins Sustainability Program to Mentor Key Companies

Saudi Bank Joins Sustainability Program to Mentor Key Companies

Saudi Awwal Bank has joined the Saudi sustainability program to promote sustainable practices across major industries in the Kingdom. This step highlights the bank’s growing role in supporting environmental and economic goals in line with Vision 2030.

The Ministry of Economy and Planning’s initiative brings together leading organizations to enhance sustainability performance across key sectors. Saudi Awwal Bank now acts as a mentor in the Saudi sustainability program. It will support prominent companies like Dallah Healthcare Company, Rawabi Holding Company, Middle East Paper Company, and City Cement Company.

At the signing ceremony held at SAB Tower, senior executives from all participating organizations confirmed their shared commitment. This collaboration reflects the Kingdom’s focus on creating a greener economy and building stronger partnerships between the public and private sectors.

Saudi Awwal Bank will provide expertise, resources, and strategic guidance to help its mentees adopt advanced sustainability practices. The bank’s efforts include building knowledge infrastructure and supporting projects that align with Saudi Arabia’s long-term development plans.

Furthermore, managing Director Tony Cripps stated that sustainability is no longer optional but a responsibility. He added that this initiative aligns with the bank’s environmental, social, and governance strategy. It also reinforces Saudi Awwal Bank’s mission to support sustainable growth across the Kingdom.

The Saudi sustainability program emphasizes collaboration to drive meaningful changes in environmental stewardship and economic resilience. Saudi Awwal Bank’s mentorship ensures participating companies can strengthen their ESG practices and prepare for future challenges.

However, this initiative marks a key milestone for Saudi Arabia’s efforts to lead in sustainable development. By mentoring other organizations, Saudi Awwal Bank reinforces its position as a leader in corporate responsibility and innovation.

Nevertheless, the bank’s ongoing ESG strategy supports various projects that create long-term value for communities and the national economy. With programs like this, Saudi Arabia is building a more inclusive and sustainable future for both businesses and citizens.

The Saudi sustainability program also demonstrates how partnerships can accelerate progress toward Vision 2030 goals. It highlights the importance of joint efforts in creating a robust framework for sustainable growth.