Saudi Awwal Bank Joins Ministry of Economy and Planning's Sustainability Champions Program
The leading bank in the Kingdom of Saudi Arabia collaborates with key organizations to advance sustainability practices.
Saudi Awwal Bank (SAB), one of the largest banks in the Kingdom of Saudi Arabia, has announced its participation as a mentor in the Ministry of Economy and Planning's Sustainability Champions Program.
The signing ceremony took place on May 28, 2025, at SAB Tower, marking a significant step by SAB to support sustainable practices across various sectors.The MEP Sustainability Champions Program aims to enhance sustainability performance through partnerships with organizations demonstrating commitment to environmentally friendly operations.
As part of the program, SAB will utilize its expertise and resources to guide mentees such as Dallah Healthcare Company, Rawabi Holding Company, Middle East Paper Company, and City Cement Company in their sustainability journeys.SAB's Managing Director, Tony Cripps, emphasized that "Sustainability is no longer a choice—it’s a responsibility." By joining the program, SAB aims to contribute to the Kingdom's long-term goals while aligning with its own Environmental, Social, and Governance (ESG) strategy.The bank has been actively involved in various sustainability initiatives supporting Saudi Vision 2030.
Through partnerships like the one with the Ministry of Economy and Planning, SAB plays a crucial role in driving forward the Kingdom’s sustainability aspirations, contributing positively to both the environment and society.SAB is recognized as a leading corporate and institutional international bank in the Kingdom, offering a range of financial services including corporate banking, investment, private banking, and treasury.
With paid-up capital of SR20.5 billion following its merger with Alawwal Bank on March 14, 2021, SAB operates under the supervision of the Saudi Central Bank and is a partner of the HSBC Group.
The signing ceremony took place on May 28, 2025, at SAB Tower, marking a significant step by SAB to support sustainable practices across various sectors.The MEP Sustainability Champions Program aims to enhance sustainability performance through partnerships with organizations demonstrating commitment to environmentally friendly operations.
As part of the program, SAB will utilize its expertise and resources to guide mentees such as Dallah Healthcare Company, Rawabi Holding Company, Middle East Paper Company, and City Cement Company in their sustainability journeys.SAB's Managing Director, Tony Cripps, emphasized that "Sustainability is no longer a choice—it’s a responsibility." By joining the program, SAB aims to contribute to the Kingdom's long-term goals while aligning with its own Environmental, Social, and Governance (ESG) strategy.The bank has been actively involved in various sustainability initiatives supporting Saudi Vision 2030.
Through partnerships like the one with the Ministry of Economy and Planning, SAB plays a crucial role in driving forward the Kingdom’s sustainability aspirations, contributing positively to both the environment and society.SAB is recognized as a leading corporate and institutional international bank in the Kingdom, offering a range of financial services including corporate banking, investment, private banking, and treasury.
With paid-up capital of SR20.5 billion following its merger with Alawwal Bank on March 14, 2021, SAB operates under the supervision of the Saudi Central Bank and is a partner of the HSBC Group.
