NBB wins Global Finance award for sustainability initiatives
MANAMA: National Bank of Bahrain (NBB) has been awarded for ‘Outstanding Leadership in Sustainability Transparency Award’ by Global Finance.
The award is a recognition of the bank’s continuous efforts to implement sustainability practices as an essential element in its business operations.
As part of Global Finance’s newest awards programme, the bank was acknowledged for its transparency through its disclosure of Bahrain’s first fully integrated Annual Financial and Sustainability Report for 2020.
The report covered the bank’s mind-set, framework, approach and progress to key elements of sustainability.
Joseph Giarraputo, president and editorial director of Global Finance, said: “The NBB maintains a consistent approach of transparency in disclosing both financial and non-financial information and ESG initiatives and KPIs to its stakeholders. The bank has specifically aligned its regulations and goals through the Central Bank of Bahrain and Bahrain’s Vision 2030 and with the UN’s Sustainability Development Goals.”
Commenting, Russell Bennett, group chief financial officer at NBB, said: “It is an honour to be recognised for our outstanding leadership in sustainability transparency by Global Finance. The award is a testament to the efforts we have been exerting over the past year to provide a clearer picture of our activities, both financial and non-financial, to our stakeholders.”
