“We at QNB, prioritise ESG and sustainability with highest dedication and commitment.
This corresponds to the ever growing focus of this topic across our markets and stakeholders.”
Mr. Abdulla Mubarak Al-Khalifa
Group Chief Executive Officer
QNB Group’s Strategy
Our purpose to promote prosperity and sustainable growth across the markets we serve guides our vision to maintain our number one position in the Middle East and Africa (MEA). We have embedded our purpose into our vision, strategy, mission, values and behaviours.
Our Group-wide strategy is to focus on our core as a solution-led international wholesale bank while strengthening our analytics-enabled global transaction banking business. Two pillars complement our strategy. On the one hand, we aim to leverage innovation as a strategic enabler. On the other hand, we seek to embed sustainability and ESG practices into our business and operating model to make a positive contribution to the societies in which we are present.
QNB Sustainability Framework
Our sustainability framework consists of three pillars: sustainable finance, sustainable operations and beyond banking. All three pillars contribute to QNB’s goal of ensuring sustainable financial performance, through reducing risks, opening up new business opportunities and strengthening our brand. Under each pillar we have identified the issues most material to our business and developed Group-wide policy statements to establish common global standards across the organisation.
We believe in the delivery of long-term value in financial, environmental, social and ethical terms, for the benefit of people and planet.
Sustainable Finance
Sustainable finance is the integration of ESG criteria into QNB’s financing activities to deliver profit with purpose.
We aim to help customers manage their E&S risks, lend to businesses that contribute towards sustainable development goals, improve access to finance for SMEs and underserved groups, and provide responsible customer service.
Delivering sustainable finance is the most significant way in which QNB can support national and global sustainable development goals. Moreover, it enables us to reduce ESG risk in our portfolio and maximise business opportunities emerging from the just transition to a greener, more inclusive economy.
Sustainable Operations
Sustainable operations is the integration of ESG criteria into our business operations and across our supply chain to ensure we operate ethically and efficiently.
We aim to strengthen corporate governance and risk management practices, promote equality throughout our workforce, and reduce carbon and GHG emissions generated by our operations.
This approach ensures compliance with increasing ESG-related regulations whilst helping QNB to be an employer of choice.
Beyond Banking
Beyond banking refers to QNB’s Corporate Social Responsibility (CSR) activities in the communities where we operate.
Our ambition is to make a positive contribution towards wider society with an emphasis on education and financial literacy. In addition, we support and deliver a range of initiatives within focus areas of social and humanitarian, arts and culture, health and environment, economic and international affairs, and sport.