The Bank of Africa (BOA) group announced on Friday the update of its sustainability strategy, thus improving its commitments and preserving its leadership.
“As a leading Pan-African Group, present in more than 30 countries, leader in terms of sustainability, player in impact finance promoting trade and investments in the Continent and serving Africans around the world, Bank Of Africa updates its sustainability strategy, improving the group’s commitments and preserving its leadership”, indicates BOA in a press release.
The group had very early solemnized, under the aegis of its President Mr. Othman Benjelloun, its adherence to the universal Social, Environmental and Business Ethics principles, grouped together in a first CSR Charter, officially published in March 2018, recalls the same Source. To improve the relevance and impact of its commitments and to align them with its 2030 strategy, the group has updated its Charter in a new version in five areas. These are “the proactive integration of sustainability into the group’s governance and the management of its performance”, “innovative offers and services for resilience to climate change and environmental transition”, “confidence in the human capital and value creation with the group’s talents”, the “combination of the trust of our customers and their satisfaction with the growth of our market shares” and the “preservation of Leadership as an actor in human development and territorial”.
This new sustainability strategy aims to guide BOA and its various structures to actively take into account ESG sustainability factors to establish them as success factors, in the exercise of its professional missions and in interactions with all of its employees. stakeholders.
It must also enable the Bank’s partners who are attentive to its growth model to better understand and properly evaluate the reciprocity of the link between its quality of service, its societal role, its commercial results and its sustainability strategy.
This approach aims to align the group’s commitment with new national and international challenges in terms of climate resilience, impact finance, customer centricity and diversity & inclusion, thus pursuing a model of responsible growth, both and inseparably , focused on the client and on the development and preservation of the Bank’s leadership in Environmental, Ethical, Social, Societal and Governance (ESG) terms.
BOA once again marks its commitment to serving each customer through products and relationships of the highest standards, while managing risks rigorously and continuing to invest in the talents of its human capital, in cutting-edge technologies and in respect for the rights and satisfaction of the legitimate expectations and interests of its various stakeholders and communities.
