bank muscat CSR vision
the corporate social responsibility (CSR) and sustainability strategy pursued by bank muscat is focused on delivering long-term benefits to the community and the nation, creating a positive impact on society covering areas such as education, SMEs, youth, sports, alternative energy and health.
bank muscat is the pioneer of CSR initiatives with a dedicated team in the banking sector in Oman, committed to ‘doing more’ for the economy, community and environment. in 2007, the bank was the first in the middle east to sign the equator principles for responsible banking, thereby ensuring that our projects conform to benchmark international environmental and social standards. the bank allocates a percentage of profit for CSR initiatives and is also the first bank to deliver skill-building support for SMEs.
bank muscat publishes the annual sustainability report based on GRI sustainability reporting framework and guidelines, highlighting the impact of its activities on the economy, environment and society. the report demonstrates that the bank has become more open to sustainability reporting as a powerful tool in its decision-making as well as corporate policy and strategy.
as the leading financial institution in the Sultanate, bank muscat continues to deliver on its commitment to the people and nation by innovating strategic CSR programmes. sustainability is a running theme in all stakeholder engagement initiatives, activities and potential investment opportunities ensuring lasting positive benefits aimed at strengthening ties with the local community.
all CSR programmes draw from the bank’s values of leadership and partnership, creating a positive impact on society. as the bank progresses on the path of sustainable development, new opportunities are explored. in line with the corporate ethos, bank employees are engaged in creating opportunities to help the community through various initiatives