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Our ESG Performance

Sustainability at Jordan Ahli Bank

For more than sixty-five years of ahli bank’s long history, we have been steadfast in upholding our values, commitments, and environmental and social standards by delivering transformative, meaningful, and measurable sustainability initiatives.

ENVIRONMENTAL RESPONSIBILITY

We have taken substantial steps to mitigate our environmental impact, achieving a notable 38% reduction in total greenhouse gas (GHG) emissions in 2023. The introduction of the Green Business Bundle Program exemplifies our efforts to support businesses and individuals in adopting sustainable practices and technologies, reinforcing our commitment to a low-carbon economy and sustainable responsible banking.

SOCIAL RESPONSIBILITY

Our social initiatives focus on financial inclusion, community development, responsible procurement, and employee well-being. In 2023, Small and Medium Enterprises (SMEs) constituted 10.1% of our total facilities, highlighting support for this critical sector of the economy. We invested over 4,872 hours in employee training and development, fostering a skilled and knowledgeable workforce. Furthermore, we are committed to gender equality, with women representing 40% of our workforce and 24% of management positions, supported by our endorsement of the UN Women’s Empowerment Principles. For suppliers, we are committed to contributing to the Kingdom’s economic growth by investing in, supporting, and prioritizing local suppliers. in which 88% of our expenditures were local this year.

INNOVATION AND DIGITIZATION

We are committed to innovation as a core component of our strategy to enhance customer experience and promote sustainability. In 2023, we launched new digital platforms and innovative banking applications that provide seamless, secure services that target underserved communities. Including other initiatives such as developing mobile banking applications and online services that allow customers to manage their financial accounts easily and securely.

CUSTOMER EXPERIENCE

We have focused on improving customer experience by offering personalized services that meet their needs and expectations. These efforts included launching tailored services for SMEs, providing innovative financing solutions that contribute to their growth and development.

Additionally, we offered financial advisory services to individual customers to enhance their financial literacy and empower them to make informed financial decisions. In 2023, we achieved a customer experience index of 79.2%, highlighting our ongoing efforts to enhance the quality of customer experience.

COMMUNITY DEVELOPMENT PROGRAMS

We have reinforced our commitment to community development through a range of impactful programs. In 2023, we contributed over 1,000 volunteer hours to various community projects, including educational initiatives, health awareness campaigns, financial literacy, and environmental conservation efforts. Our support for local education included scholarships and funding for school infrastructure improvements, while health initiatives focused on providing medical supplies and promoting healthy lifestyles. Environmental programs included tree planting activities and partnerships with local NGOs to promote sustainable practices within communities.

GOVERNANCE

Strong governance is a cornerstone of our sustainability efforts. We have enhanced our governance framework to ensure transparency, accountability, and ethical practices. The establishment of an ESG Executive Committee underscores our dedication to leading sustainability initiatives. We also achieved a high governance maturity score of 4.5 out of 5 in 2023, reflecting adherence to good governance and global best practices.

FUTURE COMMITMENTS

We recognize the ongoing challenges of climate change, social inequality, and economic development. We are committed to collaborating with stakeholders to drive positive change and create a sustainable future.

Our aim is to further integrate sustainability into our operations, focus on financing projects and initiatives that positively impact society and the environment. enhance our governance frameworks and expand our environmental and social impact programs.

Our 2023 Sustainability Summary demonstrates significant progress in embedding sustainability into our business strategy and operations.

Our efforts in environmental stewardship, social responsibility, good governance, digital innovation, sustainable finance, and community development position us as a leader in sustainable banking, committed to creating long-term value for all stakeholders.

 

Our Economic Performance:

Financial Performance (JOD)*20192020202120222023
Revenues118,077,369111,562,255111,473,490111,551,027120,467,881
Total capital200,655,000200,655,000200,655,000200,655,000200,655,000
Total assets2,766,697,3532,845,997,0412,953,416,7533,062,513,2933,282,408,263
Total shareholders’ equity311,683,694322,329,962327,719,498330,347,828333,847,186
Other Expenses22,358,84522,112,20521,989,93724,702,78526,061,077
Employee Benefits40,257,25537,431,42435,520,27137,664,05337,149,347
Income tax12,480,3707,062,37412,936,34211,449,58913,579,632
Capital adequacy ratio (%)15.6615.5315.9215.6215.11
Return on equity ratio (%)8.553.314.385.145.6
Loans1,463,693,5621,469,506,9331,464,675,1161,669,710,7841,798,655,875
Net loans and advances1,369,737,5831,369,633,8321,357,684,6391,595,272,6461,680,782,737
Total deposits2,014,166,6662,048,212,3522,165,537,0852,114,537,2252,343,636,818
Ratio of loans to deposits (%)72.6771.7567.6479.2677
Net profit after taxes23,722,77010,439,70614,230,43216,899,84218,592,484

Our Social Performance:

Total Workforce20192020202120222023
Total number of employees1,1861,1441,0841,1101,131
By employment contract
Permanent1,1841,1421,0771,1011,127
Temporary22794
By employment type
Full-time1,1861,1441,0841,1101,131
Part-time00000
By gender
Female467439412437447
Male719705672673684
Nationalization
Number of Jordanian employees1,1831,1411,0801,1051,126
Number of non-Jordanian employees33455
By job category
Senior management1616151514
Middle management209216198279290
Staff961912871816827
Permanent Employees
Total number of permanent employees1,1841,1421,0771,1011,127
By gender
Female465437406431444
Male719705671670683
Temporary Employees
Total number of temporary employees22794
By gender
Female22663
Male00131
Workers who are not employees (ahli777 employees)
Total number of workers who are not employees and whose work is controlled by the organization362280435
Employees covered by collective bargaining agreements
Total number of employees covered by collective bargaining agreements972931805719621
Percentage of total employees covered by collective bargaining agreements (%)8281746554.91
New Hires
Total number of new hires12556105195211
By gender
Female5514378488
Male704268111123
By age
Under 30974382126152
Between 30 and 502811225859
50+02110
Turnover
Turnover rate (%)11.48.215.515.1416.53
Total turnover13594168168187
By gender
Female6139645878
Male7455104110109
By age
Under 305831596875
Between 30 and 5070549590103
50+7914109
Parental Leave
Number of employees who are entitled to parental leave
Female467439412437447
Male719705672673684
Number of employees who took parental leave
Female2623322623
Male3034282839
Returnees from parental leave
Female2623272523
Male3029282839
Returnees from parental leave who were still working for the bank 12 months later
Female2621312421
Male3029272834
Percentage of Individuals within the Organization’s Leadership
By age
Under 3000000
Between 30 and 500.840.870.920.810.8
50+0.510.520.460.540.44
By gender
Female0.170.170.090.090.09
Male1.181.221.291.261.15
By nationality
Jordanian1.261.311.291.261.15
Percentage of Employees per Employee Category in each of the following Diversity Categories
By age
Under 30
Senior management00000
Middle management0.840.520.370.270.27
Staff31.3228.4126.4828.231.56
Between 30 and 50
Senior management0.840.870.920.8110.8
Middle management15.617.0516.723.2423.52
Staff47.8149.352.2143.6939.88
50+
Senior management0.510.520.460.540.44
Middle management1.181.311.21.621.86
Staff2.022.011.661.621.68
By gender
Female
Senior management0.170.170.090.090.09
Middle management4.555.074.896.316.45
Staff34.6533.1333.0332.9732.98
Male
Senior management1.181.221.291.261.15
Middle management13.0713.8113.3818.8319.19
Staff46.3746.5942.6240.5440.14
By nationality
Jordanian
Senior management1.261.311.291.261.15
Middle management17.5418.7918.1725.0525.38
Staff80.9479.6380.1773.2473.03
Non-Jordanian
Senior management0.080.090.090.090.09
Middle management0.080.090.090.090.27
Staff0.080.090.180.270.09
Female Employment
Total number of female employees467439412437447
Number of female employees in middle management5458537073
Number of female employees in senior management22111
Ratio of Basic Salary and Remuneration of Women to Men
Senior management0.10.10.030.030.04
Middle management0.270.30.30.290.28
Staff0.670.650.70.760.78
Training*
Average hours of training per employee**9.53.93.623.222
By gender
Female8.33.63.623.824
Male10.54.13.722.720.6
By job category
Senior management13.53.53.234.512.7
Middle management10.74.23.123.917.5
Staff7.43.74.422.823.7
Performance Review
Percentage of total staff who received regular review of performance100100100100100
Health and Safety
Percentage of total labor force represented in official health and safety committees3771240
Internal Volunteering Program
Volunteering hours136826834915901,385
Number of volunteers432173163411363
Number of events2512212532
Procurement
Number of suppliers297150175185232
Number of local suppliers200130160170196
Total purchases (millions JOD)2516283527
Total expenditure on purchases from local suppliers (millions JOD)2012223223.8
Percentage of expenditure on local suppliers8075809188

Our Environmental Performance:

Energy Consumption20192020202120222023
Electricity Consumption (kWh)2,129,0462,053,5222,142,3191,982,5571,490,419
Electricity Consumption (GJ)7,664.577,392.687,712.357,137.215,365.51
Non-renewable Energy Consumption – Diesel and Fuel (Liters)33,47525,06231,67736,95735,576
Non-renewable Energy Consumption – Diesel and Fuel (GJ)1,217.78859.061,078.061,274.151,226.57
Total Heat Consumption (Liters)22,12836,50036,26431,61426,913
Energy Intensity*1,795.141,7961,9767.65.8
GHG Emissions
Direct GHG Emissions – Scope 1 (CO2 equivalent)81.90180.4983.9772.6272.459
Indirect GHG Emissions – Scope 2 (CO2 equivalent)1,441.771,390.621,450.761,145.53683.36
Total GHG Emissions – Scope 1 and Scope 2 (CO2 equivalent)1,523.671,471.111,534.731,218.15755.98
Paper
Paper Consumption (kg)80,41157,67261,62956,44052,704

Our Governance Performance:

Board of Directors20192020202120222023
Percentage of independent directors in the Board31%31%31%38%38.40%
Total members of the Board1313131313
Female11221
Male1212111112

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