ESG Reports and Disclosures

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

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

2015

2016

2017

2018

Does the company publish and follow an
environmental policy?

No

No

No

No

Any legal or regulatory responsibility for
an environmental impact?

No

No

No

No

Energy intensity (GJ/ full time employee)

28.8

32.1

31.4

29.9

Total amount of energy used (GJ)

216,072

654,593

689,758

664,860

Total volume of water recycled /
reused (m3)

0

0

0

0

Total waste produced (kg)

     

160,173

Total greenhouse gas
emissions (tonnes CO2e)

37,299

88,287

94,709

89,943

Percentage of renewable
energy used (%)

0

0

0

0

Primary source of energy

Electricity

Electricity

Electricity

Electricity

Total water use (m3)

304,215

469,403

467,935

498,182

 

QSE Social indicators

2015

2016

2017

2018

Does the company prohibit the use of
child or forced labor throughout the supply
chain?

Yes

Yes

Yes

Yes

Number of grievances about human rights
issues filed, addressed and resolved

0

0

0

0

Total number of injuries and fatal accidents
(employees)

0

0

0

0

Total number of injuries and fatal accidents
(contractors)

0

0

0

0

Total number of injuries and fatal accidents
(employees and contractors)

0

0

0

0

Disclosure and adherence to a Human Rights
Policy?

No

No

No

No

Employee turnover rate (%)

4.7%

7.7%

9.2%

9.9%

Total workforce (number)

15200

28000

28000

30000

Nationalisation rate (%)*

52%

52%

54%

54%

Spending on locally-based suppliers (%)

84%

88%

94%

89%

Employee wages and benefits (QR thousand)**

551

997

943

912

Average hours of training per employee (hours)

25.4

41.1

41.9

48.4

Women in the workforce (%)

39%

48%

47%

48%

Does the company publish and follow a policy
for occupational and global health issues?
 

No

No

No

No

Pre-tax profits invested in the community (%)

3.0%

2.5%

2.6%

2.7%

 

QSE Governance indicators

2015

2016

2017

2018

Disclosure of the voting results of the latest AGM

No

No

No

Yes

CEO pay ratio*

     

13.5

Median male salary to median female salary***

     

1.07

Does the company publish and follow a Supplier
Code of Conduct?

No

No

No

No

Role separation of Chairman and CEO.
 

Yes

Yes

Yes

Yes

Independent directors on the board (%)

30%

40%

40%

40%

Female directors on the board (%)

0

0

0

0

Executive compensation linked to performance
indicators

Yes

Yes

Yes

Yes

Does the company publish and follow an
Ethics Code of Conduct?

Yes

Yes

Yes

Yes

Sustainability or CSR report published.
 

Yes

Yes

Yes

Yes

Third-party assurance of non-financial information

No

No

No

No

Does the company publish and follow
a Bribery/Anti-Corruption Code?
 

No

No

Yes

Yes

Note: Data in this table covers QNB Group unless otherwise stated

*Qatar only.

**QNB Group total

***QNB Qatar and international branches only

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