The Saudi National Bank

Climate Impact & Sustainability Data (2023)

Launched e-waste and IT assets recycling project
Launched Phase 1 of Building Management System, aiming to reduce energy consumption by 25%
Started reusing grey water to minimize water consumption at our head office, JRB, and Almathar buildings.
Installed solar panels at SNB’s main head office in Riyadh and at all new branches
Planted 200,000 mangrove trees to support carbon capture and storage
Successfully issuing the first sustainable public Regulation S Sukuk from a Saudi financial institution
First listed green private placement outside the Kingdom
Financing the NEOM Green Hydrogen Project

Increased community investment by 25.4%
Increased number of social projects by 60%
Provided 4,080 interest-free loans to female beneficiaries, with a total value of SAR 21 million
99.2% Saudi nationalization among the total workforce
Opened and/or maintained 37 SNB branches and 99 ATMs in economically disadvantaged areas
Improved employee engagement scores from 60% to 73%
Increased satisfaction with the work environment from 68% to 79%
Increased female participation in Rowad graduate training program from 27% to 72%
14.5% of full-time employees are females
258,750 hours of training were provided to SNB employees
Zero recordable employee injuries

Developed several measures to combat bribery and corruption, including policies and training
Developed a business-wide Anti-Money Laundering (AML) and Combating Terrorist Financing Policy
Enhanced SNB Mobile app
Established an organization-wide Data Privacy Program
99.5% data breaches over the last three years.
6,000+ potential fraud attacks prevented in 2023.
Zero incidents of corruption have occurred in the past three years.

Global economic uncertainties (high interest rates, inflation, economic contraction, geopolitical headwinds)
Challenging operating environment in Turkey and Pakistan (high inflation, currency volatility, economic uncertainty)
Lower share trading and investment activity in the Saudi market
Hyperinflationary environment in Turkey