Ahlibank Publishes First Standalone ESG Report, Strengthening Climate-Risk Management and Sustainability Efforts

Published:

Ahlibank Publishes First Standalone ESG Report, Strengthening Climate-Risk Management and Sustainability Efforts

Doha, Qatar – Ahlibank Q.P.S.C. has released its inaugural standalone Environmental, Social, and Governance (ESG) Report, a significant milestone in the bank’s commitment to sustainability. This report underscores the bank’s transition from ESG aspirations to structured implementation, showcasing its portfolio’s strong climate resilience.

The report reveals that Ahlibank has made substantial progress in integrating ESG considerations into its decision-making processes. The establishment of a dedicated ESG Unit, a cross-functional ESG Working Group, and a C-Suite ESG Committee reflects the bank’s commitment to this integration. In 2025, Ahlibank enhanced its climate-risk management capabilities by measuring financed emissions for over 92% of its portfolio and conducting climate scenario analyses aligned with the Network for Greening the Financial System (NGFS).

Commitment to Transparency and Accountability

The publication of the ESG Report reinforces Ahlibank’s dedication to transparency and accountability in sustainability disclosures. It prepares the organization for evolving reporting expectations and regulatory requirements.

Hassan Ahmed Al Efrangi, Chief Executive Officer of Ahlibank, emphasized the importance of this report in the bank’s evolution as a responsible financial institution. He noted that sustainability is increasingly vital in capital allocation, risk management, and long-term value creation. As Qatar progresses towards its economic diversification and sustainability goals under Qatar National Vision 2030, banks have a crucial role in supporting this transition, managing risks, and fostering sustainable growth.

Advancements in Sustainable Finance

The report highlights significant advancements in the bank’s Sustainable Finance Framework, with an increased allocation to sustainable investments. Sustainable bonds constituted 12% of corporate exposures, while green bonds made up 4% of sovereign exposures. These figures illustrate Ahlibank’s commitment to embedding sustainability into its financing and investment decisions, marking a vital step towards a more sustainable economy.

In addition to enhancing governance and climate-risk management, Ahlibank has positively impacted the Qatari economy. In 2025, the bank generated QAR 1.57 billion in direct economic value and invested over QAR 22 million in community initiatives, including healthcare, social welfare, and workforce development. The bank also supported entrepreneurship and private-sector growth through its participation in the Qatar Development Bank’s Tamkeen program.

Strengthening Governance and Risk Management

The report signifies a foundational year in Ahlibank’s ESG journey, during which the bank bolstered its governance, risk management, data, and reporting capabilities. Enhanced climate-risk assessments and portfolio analyses have improved the bank’s understanding of climate-related risks and opportunities, reinforcing confidence in its portfolio’s resilience.

These foundational elements will facilitate the ongoing integration of ESG considerations across the bank’s operations and decision-making processes. Furthermore, the report highlights Ahlibank’s commitment to ethical conduct and transparency through enhanced sustainability disclosures aligned with international frameworks, including SASB, UNGC, and PCAF.

Investment in Human Capital and Environmental Performance

Ahlibank also demonstrated its commitment to human capital development by providing 4,877 hours of employee training. The bank has implemented robust governance controls, whistleblowing mechanisms, and achieved 100% coverage in anti-corruption training, with zero reported corruption incidents during the reporting period. Environmentally, Ahlibank recycled approximately 65% of its operational waste and established its first operational carbon emissions baseline, covering Scope 1, Scope 2, and Scope 3 emissions.

Ahlibank Q.P.S.C., a Qatari-owned financial institution, offers a comprehensive range of banking services, including retail, private, corporate, international banking, treasury, investment, and brokerage services. Since its establishment in 1983, Ahlibank has focused on providing modern and secure banking solutions, contributing to the growth of Qatar’s financial sector.

Source: www.zawya.com

Read all the latest developments and breaking updates in the Latest News section.

Published on 2026-07-04 19:56:00 • By the Editorial Desk

Share post:

Subscribe

Popular

More like this
Related

UAE revises eInvoicing penalties, caps fines at AED50,000 for breaches

The UAE has introduced a revised penalty framework for its Electronic Invoicing System, capping fines at AED50,000 for specific implementation breaches. This change, announced by the Ministry of Finance, aims to create a more balanced penalty structure as businesses prepare…

UAE’s Comprehensive Economic Partnership Agreement with DR Congo officially takes effect

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Democratic Republic of Congo has officially taken effect, heralding a new era of trade and investment opportunities. This agreement aims to eliminate tariffs on most goods, streamline…

Halloween treat prices rise 71% over five years, shocking US shoppers

Halloween shoppers in the United States are facing a significant increase in the cost of seasonal treats, with prices for popular confectionery items rising by 71% over the past five years. This surge is attributed to ongoing cost-of-living pressures and…

Bank of Japan maintains interest rates at 1.25% while raising inflation forecast for 2027

The Bank of Japan (BOJ) has decided to maintain its key interest rate at 1.25%, while simultaneously raising its inflation forecast for fiscal 2027 to 2.6%, up from a previous estimate of 2.4%. This decision, made by an 8-1 vote,…