QNB Group Sustainability Framework
QNB Group defines sustainability as a long-term value creation in environmental, social, and humanitarian sense for the benefit of its customers, shareholders, employees, in brief all stakeholders in society. The sustainability of QNB is made up of three building blocks, namely Sustainable Finance, Sustainable Operations and Beyond Banking.
Sustainable Finance
Sustainable Finance involves the integration of ESG (Environmental, Social, Governance) criteria into the financing activities of QNB Group with the objective to create value. The primary goal of the Group is to embed the sustainability perspective into all banking activities in a manner to encompass the finance derived from the products and services delivered to the customers. In addition to the fact that Sustainable Finance is the key tool to support sustainable development initiatives locally and globally, it also reduces the reputational risk and maximizes the job opportunities resulting from the transition to more environmental and inclusive economy.
Sustainable Operations
Sustainable Operations signifies the direct management of ESG impacts by ensuring the ethical and efficient operation of QNB Group. The improvement approach adopted by the Group for the sustainable operations involves the measurement, management, and reporting of sustainability performances in the field in compliance with the “ESG Reporting Guideline” criteria set out by the Qatar Stock Exchange. Group attaches particular importance to maintain corporate governance, to respect for the human rights of its employees and suppliers and to minimize the environmental impacts caused by operations.
Beyond Banking
QNB Group comprehensively focuses on education in business and actively contributes to the corporate social responsibility and socio-economic development. Besides, it promotes social responsibility projects in social and humanitarian, art and culture, health and environment, economic and international relations, and sports. The above-mentioned three building blocks contribute to our objective to ensure sustainable financial performance by minimizing the risks of QNB, creating new job opportunities, and empowering our brands.
The sustainability of QNB is made up of three building blocks, namely Sustainable Finance, Sustainable Operations and Beyond Banking.
QNB Sustainability Roadmap
In QNB , we define sustainability as a transformation journey. We start with transforming ourselves, focus on understanding our stakeholders and produce right solutions, and aim at establishing a lifelong partnership which set sights on success and is based on customer satisfaction. As QNB , we choose to be integrated in the world in humanitarian, environmental and social aspects, and fulfil our responsibilities within the context of indivisible association of world ecosystem. The measures we take against global warming, powerful steps in the issue of societal gender equality, our social responsibility projects promoting child rights and unlimited access to information and our pioneering efforts in digital banking consolidate the objective of QNB to manage sustainability works and create an equal future in the framework of the mentioned four impact areas.
We know that the Earth embraces all diversity and is inclusive and egalitarian; it does not make discrimination against living things and is sustainable in nature. As QNB , we are inspired by the Earth. We choose Becoming 1 With The World. We establish our social and environmental responsibility for a new integrated management where all climate risks are recognized, and necessary strategies are devised in the light of proper measurements and objectives. We aim at a more sustainable world with conscious human resources by paving the way for clean development. Thus, our sustainability roadmap is composed of Green Transformation and Responsible Transformation impact areas in terms of which we focus on the sustainability transformation of our customers and also Operational Transformation and the Transformation of Finansçı (Financier) impact areas where we ensure the sustainability of our own activities.
