We understand that safeguarding employee health, protecting the environment, and fostering economic growth in our communities are fundamental to our business’s long-term success and our commitment to responsible corporate citizenship.
By investing in its workforce’s ESG expertise, the bank is laying a strong foundation for integrating environmental, social, and governance factors into the core of its business operations.
The bank is currently in a preparatory phase, considering implementing robust environmental and social risk management procedures. This approach ensures alignment with both domestic and global ESG standards and regulations. Through strategic partnerships with Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs), Zemen Bank is gaining invaluable insights into best practices and industry benchmarks with regards to climate risk management and green financing.
The bank’s ambition extends beyond risk mitigation. By fully integrating ESG principles into its business model, Zemen Bank seeks to identify and capitalize on emerging opportunities that deliver value to its stakeholders. This proactive stance demonstrates a commitment to sustainable growth and a positive impact on the community.
These are in addition to a serious of philanthropic initiatives amounting to over 100 million birr over the past five years Through our community engagement program, our employees are actively participating in green legacy initiatives of the country.
