Saudi Awwal Bank partners with MEP's Sustainability Champions Program as a mentor committed to enhancing sustainable practices across key sectors.

In a significant step towards promoting sustainability, Saudi Awwal Bank (SAB) has officially announced its involvement in the Ministry of Economy and Planning's (MEP) Sustainability Champions Program. The formal signing ceremony was held on May 28, 2025, at SAB Tower, symbolizing a pivotal moment in the bank’s ongoing dedication to sustainable development.

The event marked the commencement of a strategic partnership aimed at fostering sustainability across various sectors. Both senior executives from SAB and representatives from participating organizations emphasized their mutual commitment to integrating sustainable practices into their operations.

The MEP Sustainability Champions Program is an initiative designed to elevate sustainability performance by partnering with institutions that showcase leadership and dedication to ecological responsibility. As a mentor within this program, SAB will leverage its vast expertise and resources to support and guide other entities on their path towards sustainability.

Among those benefiting from SAB’s mentorship are prominent companies such as Dallah Healthcare Company, Rawabi Holding Company, Middle East Paper Company, and City Cement Company. This collaboration is expected to drive meaningful enhancements in sustainable practices across key industries, contributing significantly to the objectives set out in Vision 2030.

Tony Cripps, Managing Director of SAB, stated: "Sustainability is no longer a choice-it’s a responsibility. Through our partnership with the MEP Sustainability Champions Program, SAB is taking tangible steps to build the knowledge infrastructure around sustainability and contribute to the Kingdom’s goals. We are proud to be part of this forward-looking initiative, which aligns with our Environmental, Social, and Governance (ESG) strategy and our commitment to supporting sustainable economic growth."

SAB continues to demonstrate leadership in sustainability through its comprehensive ESG strategy. The bank remains actively involved in initiatives that promote sustainable economic development aligned with Saudi Vision 2030. In collaboration with governmental bodies like the Ministry of Economy and Planning, SAB plays an essential role in advancing the Kingdom’s sustainability goals while making long-term positive environmental and societal impacts.

Established over nine decades ago, Saudi Awwal Bank stands as one of the largest banking institutions within Saudi Arabia. Throughout its history spanning more than 90 years, it has consistently supported both economic growth and social progress across the nation.

SAB leads in several domains including corporate banking, investment services, private banking options as well as treasury management solutions. It offers comprehensive financial services ranging from trade finance to foreign exchange along with debt wholesale banking capabilities supported by digital service innovations under its robust ESG framework throughout Saudi Arabia and beyond.