To promote transparency in the banking sector we are committed to publicly disclosing our sustainability performance annually, in accordance with the Global Reporting Initiative (GRI) Standards and Qatar Stock Exchange ‘Guidance on ESG Reporting’. We place particular emphasis on ensuring high standards of data quality and use this to drive continuous improvement.
Furthermore, we proactively engage and disclose our ESG data to the several organisations, data providers and ratings, including; Qatar Stock Exchange, MSCI, FTSE Russell, CDP (formerly Carbon Disclosure Project)
Sustainability Report
Sustainable Finance Documents and Reports
2023
- Sustainable Finance and Product Framework
- Sustainable Finance and Product Framework – Second Party Opinion
2021
- Green, Social and Sustainability Bond Framework
- Green, Social and Sustainability Bond Framework - Second Party Opinion
- Post Issuance Green Bond Impact Report
- Post Issuance Green Bond Allocation Report
- Deloitte Green Bond Assurance Report
2020
Qatar Stock Exchange ESG Performance Indicators
In 2016, the Qatar Stock Exchange (QSE) subscribed to the United Nations Sustainable Stock Exchanges Initiative (SSEI) and committed to issuing voluntary guidelines for the reporting of Environmental, Social, and Governance (ESG) information by listed companies in Qatar. The QSE ‘Guidance to ESG Reporting’ were released in 2017, and in 2018 QSE launched the ‘Qatar Stock Exchange Sustainability and ESG Dashboard’ , to encourage listed companies to disclose their ESG performance data and improve transparency.
QNB are committed to supporting QSE by making ESG reporting a common practice throughout the Group and communicating our performance on the set of key performance indicators (KPIs) recommended within the QSE guidance. As part of QNB’s advocacy for this topic, we shared QNB’s Sustainability Framework and Strategy with other Qatar listed companies at the QSE Inventor Relations Annual Conference in December 2018.
This scope of this data includes QNB Qatar, QNB Group’s international branches, QNB ALAHLI (Egypt), QNB Finansbank (Turkey), QNB Indonesia, QNB Tunisia.
|
QSE Environmental indicators |
2016 |
2017 |
2018 |
2019 |
2020 |
|
Does the company publish |
No |
No |
No |
No |
No |
|
Any legal or regulatory |
No |
No |
No |
No |
No |
|
Energy intensity |
32.1 |
31.4 |
29.9 |
31.0 |
27.4 |
|
Total amount of |
654,593 |
689,758 |
664,911 |
690,981 |
577,497 |
|
Total volume of water |
0 |
0 |
0 |
0 |
0 |
|
Total waste produced (kg) |
135,467 |
221,547 |
391,141 |
||
|
Total greenhouse gas |
88,287 |
94,709 |
89,943 |
88,625 |
77,528 |
|
Percentage of renewable |
0 |
0 |
0 |
0 |
0 |
|
Primary source of |
Electricity |
Electricity |
Electricity |
Electricity |
Electricity |
|
Total water use (m3) |
469,403 |
467,935 |
498,182 |
697,046 |
611,197 |
|
QSE Social indicators |
2016 |
2017 |
2018 |
2019 |
2020 |
|
Does the company prohibit the use of |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Number of grievances about human rights |
0 |
0 |
0 |
0 |
0 |
|
Total number of injuries and fatal accidents |
0 |
0 |
0 |
0 |
0 |
|
Total number of injuries and fatal accidents |
0 |
0 |
0 |
0 |
0 |
|
Total number of injuries and fatal accidents |
0 |
0 |
0 |
0 |
0 |
|
Disclosure and adherence to a Human Rights |
No |
No |
No |
No |
No |
|
Employee turnover rate (%) |
7.7% |
9.2% |
11.0% |
9.2% |
6.2% |
|
Total workforce (number) |
28000 |
28000 |
30000 |
29000 |
28000 |
|
Nationalisation rate (%)* |
52% |
54% |
54% |
55% |
56% |
|
Spending on locally-based suppliers (%) |
88% |
94% |
86% |
86% |
86% |
|
Employee wages and benefits (QR thousand)** |
997 |
943 |
912 |
960 |
934 |
|
Average hours of training per employee (hours) |
41.1 |
41.9 |
48.4 |
42.4 |
25.7 |
|
Women in the workforce (%) |
48% |
47% |
48% |
47% |
48% |
|
Does the company publish and follow a policy |
No |
No |
No |
No |
No |
|
Pre-tax profits invested in the community (%) |
2.5% |
2.6% |
2.7% |
2.8% |
3.2% |
|
QSE Governance indicators |
2016 |
2017 |
2018 |
2019 |
2020 |
|
Disclosure of the voting results of the latest AGM |
No |
No |
Yes |
Yes |
Yes |
|
CEO pay ratio* |
13.5 |
30.0 |
30.0 |
||
|
Median male salary to median female salary*** |
0.93 |
0.93 |
0.92 |
||
|
Does the company publish and follow a Supplier |
No |
No |
No |
No |
No |
|
Role separation of Chairman and CEO. |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Independent directors on the board (%) |
40% |
40% |
40% |
40% |
40% |
|
Female directors on the board (%) |
0 |
0 |
0 |
0 |
0 |
|
Executive compensation linked to performance |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Does the company publish and follow an |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Sustainability or CSR report published. |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Third-party assurance of non-financial information |
No |
No |
No |
No |
Yes |
|
Does the company publish and follow |
No |
Yes |
Yes |
Yes |
Yes |
Note: Data in this table covers QNB Group unless otherwise stated
*Qatar only.
**QNB Group total
***QNB Qatar and international branches only