1. Accelerate Sustainable Finance
Sustainable financing constitutes the essence of sustainability strategy at Alinma Bank. Through this cornerstone, we endeavor to expand our offerings of sustainable products and services in both commercial and retail financing. Additionally, we persist in studying and analyzing the risks and opportunities within sustainable financing.Our objectives include:
- Embedding sustainable practices in the decision-making process for financing and investment.
- Aligning sustainable financing and investment practices with international guidelines and best practices.
- Incorporating sustainable practices into commercial and retail product offerings.
- Prioritizing financing in sectors with high growth potential and significant positive impact.
- Establishing a framework for sustainable financing to create more sustainable opportunities.
2. Foster environmental stewardship and enable a circular carbon economy
Alinma Bank's sustainability strategy aligns with the Kingdom of Saudi Arabia's commitment to achieve carbon neutrality by 2050. In this regard, the bank conducts analysis and assessment of greenhouse gas emissions across its operations, encompassing scopes 1, 2, and 3. This effort is part of contributing to the circular carbon economy and working towards reducing environmental impact.Key Objectives:
- Empower the circular carbon economy and achieve carbon neutrality by 2050.
- Mitigate other environmental impacts.
3. Customer Empowerment
At Alinma Bank, our customers are at the forefront of our priorities, driving us to embrace cutting-edge technologies and innovative business paradigms.Our objectives are:
- Customer First.
- Digital Transformation and Enhancing Customer Experience.
- Adopting Sustainable Solutions for Small and Medium-sized Enterprises (SMEs).
4. Building a Thriving Workplace
Alinma Bank is dedicated to fostering an environment that promotes innovation and cultivates personal and professional development among its employees. The bank endeavors to build a culture centered around open communication channels, where ideas are valued, and employees are encouraged to take ownership of their responsibilities. This is facilitated through mentoring programs, job rotation opportunities, empowerment to take on leadership roles, and recognition of achievements. The bank works diligently to ensure that its employees reach their fullest potential, investing in their development to create a workforce driven by enthusiasm, engagement, and a commitment to delivering exceptional service to our valued customers.Pillar Goals:
- Developing employee’s career
- Creating great Work environment
- Supporting Social engagement for employees
- Ensuring Prosperity
Core Objectives:
- Achieving financial inclusion by facilitating access to financial services through social responsibility strategies and programs.
- Supporting local suppliers.
5. Strengthen our communities and contribute to greater financial Inclusion
Alinma Bank strives to fulfill its responsibilities towards society by adopting numerous impactful initiatives that cater to all segments of the community, reflecting its approach to corporate social responsibility. The bank ensures the swift and remarkable achievement of these initiatives to create the intended impact in society.Core Objectives:
- Achieving financial inclusion by facilitating access to financial services through social responsibility strategies and programs.
- Supporting local suppliers
6. Robust governance and responsible Operations
Within the framework of Alinma Bank’s operations, governance emerges as a pervasive and interconnected aspect, influencing every facet of our organization's functioning. Integrating Governance and Responsible Operations underscores our commitment to ethical conduct, Sustainability, and alignment with societal expectations. Alinma Bank prioritizes both short-term and long-term Sustainability objectives , effectively balancing the interests of diverse stakeholders.
Key Objectives:
- Promote Good Governance Practices and Integrity
- Safeguard User Privacy and Data Protection.