CIB Celebrates Its Leadership in Sustainability Within UNEP FI’s Responsible Banking Case Study Series
In a step that reflects its firm commitment to sustainability, Commercial International Bank (CIB) is proud to participate in the new case study series on the Principles for Responsible Banking (PRB), launched by the United Nations Environment Programme Finance Initiative (UNEP FI). The series, titled “Banking on Sustainability: From Principles to Practice,” highlights best practices in responsible banking worldwide.
Five years ago, CIB was one of only two banks from the Middle East and Africa to become a Founding Signatory of the Principles for Responsible Banking (PRB), which were developed in collaboration with 28 global banking institutions. Through its pioneering role, CIB has actively contributed to shaping these principles, which have now become a global standard for integrating sustainability into banking strategies.
CIB’s selection for inclusion in this case study series is a testament to its successful integration of sustainability across its operations, demonstrating a tangible impact on the economy, society, and the environment. The case study highlights CIB’s innovative approach to sustainable finance, environmental and social risk management, and financial inclusion, aligning with the United Nations Sustainable Development Goals (SDGs).
By participating in this series, CIB further strengthens its position as a global leader in sustainable banking, reinforcing its vision to build a responsible banking sector that supports sustainable development.
The bank continues its efforts to develop innovative financial solutions, promote the transition to a green economy, and incorporate Environmental, Social, and Governance (ESG) principles into its business model, in line with global trends promoting responsible finance.
CIB reaffirms its commitment to working alongside UNEP FI PRB and leading international banking institutions to develop innovative solutions that advance sustainability and drive a positive transformation in the Egyptian and regional banking sector.
The launch of this new case study series marks another milestone in CIB’s journey to solidify its position as a leader in sustainability and corporate responsibility, reflecting its vision that sustainability is an essential pillar of the future of banking.
