BH Bank, on Thursday, unveiled its first 2024 Sustainability Report, demonstrating its commitment to complying with environmental and social requirements.
BH Bank is the first public bank in Tunisia to publish a sustainability report, developed as part of a support program by the Tunis Stock Exchange and the International Finance Corporation (IFC), announced its Interim CEO, Lotfi Ben Hammouda, during a ceremony held at the bank’s headquarters in Tunis.
Titled “Together for Responsible and Sustainable Finance,” the report represents a strategic project for the bank and a key driver of its future development strategy, Ben Hammouda stated.
The report is structured around four strategic pillars, namely ethical and transparent governance, social commitment to employees, responsible finance and carbon footprint reduction and innovation and financial inclusion.
It provides a framework for action and evaluation of the bank’s social and environmental initiatives and projects.
Speaking at the event, Bilel Sahnoun, CEO of the Tunis Stock Exchange, highlighted the exchange’s ESG Reporting Guide, which offers a set of indicators for a progressive approach to non-financial reporting, covering environmental, social, and governance (ESG) considerations.
This guide served as the foundation for BH Bank’s sustainability report, Sahnoun added, emphasizing the strong link between a bank’s financial performance and its adherence to environmental and social standards.
On this occasion, Sahnoun urged other banks that have not yet published their sustainability reports to join this initiative of non-financial disclosure and compliance with social and environmental requirements to align with global trends.
