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ESG Commitment

ESG Commitment

"Our Sustainability Journey"

At Suez Canal Bank (SCB), we have always been committed to supporting the community as part of our corporate responsibility. The looming climate risks and evolving environmental challenges have prompted entities worldwide to reassess their business practices.

We embrace these challenges as an opportunity to disclose our non-financial efforts in a structured and transparent manner, while integrating Environmental, Social, and Governance (ESG) factors into all our operations.

At Suez Canal Bank, We aim to create an ongoing incremental value for our stakeholders by embedding sustainability into our strategic planning, while minimizing our environmental footprint.

SCB is committed to the global sustainability agenda, and local related regulations, driving business growth through sustainable practices.

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About Sustainability

  • Energy Efficiency

    LED bulbs use at least 75% less energy and last 25 times longer than incandescent lighting.

  • Renewable Energy Jobs

    The renewable energy sector employed 13.7 million people globally by the end of 2022, with the potential to create millions more jobs in the coming decades.

  • Urban Green Spaces

    Cities with ample green spaces can reduce urban temperatures by up to 5 degrees Celsius during heatwaves.

  • Wind Energy

    Egypt’s Gulf of Suez has some of the highest wind speeds globally, making it a prime location for wind energy projects.

  • Eco-Friendly Transportation

    Cairo's metro system is one of the most efficient public transport systems in the region, reducing traffic congestion and emissions.

  • Global Temperature

    The Paris Agreement, adopted by nearly 200 countries, aims to limit global warming to well below 2°C, with efforts to keep it to 1.5°C.