To help provide our stakeholders with increased transparency and further details on our ESG initiatives and performance, we will be releasing a detailed ESG Report over the coming months. With this report we intend to provide comprehensive insights into our sustainability efforts, achievements, and outlook.

A cornerstone of our ESG approach is robust stakeholder engagement. Throughout the year, we have actively sought input from our diverse stakeholder groups, including customers, employees, investors, and community members. This engagement has been instrumental in shaping our ESG priorities and ensuring that our initiatives align with the expectations and needs of those we serve. For further information on Stakeholder Engagement, please refer to the (Stakeholder Engagement section in the Annual Report).

We continue to reflect on our reporting practices to better understand how we can improve transparency and enhance disclosures for sustainability-related information. In 2024, we refreshed our materiality assessment to reassess the most pressing issues facing our stakeholders and the broader community and compared it against the initial assessment conducted in 2022. This assessment involved extensive consultations and surveys, allowing us to identify key areas of focus that are critical to our sustainability efforts. The insights gained from this process have informed our strategic priorities and will guide our actions moving forward.

Standards and frameworks

We are committed to providing comprehensive information on our ESG approach, in line with key national and global standards and frameworks for sustainability and climate-related disclosures. For our 2024 ESG Report, we aim to continue adhering to international standards including the Sustainability Accounting Standards Board (SASB), International Sustainability Standards Board (ISSB), and the United Nations Principles for Responsible Banking (UN PRB). By following these rigorous frameworks, we ensure transparency and accountability in our sustainability initiatives.

Sustainable finance products

SAB offers a range of sustainable finance products designed to meet the growing demand for responsible banking options. These include green loans, social loans, sustainability-linked loans, and green trade finance. Each product is tailored to support projects that contribute positively to environmental and social outcomes, reinforcing our commitment to sustainable development.