Saudi Awwal Bank has announced today that it has received significantly improved Environmental Social and Governance (ESG) ratings from three leading sustainability rating providers; MSCI ESG Research LLC, Sustainalytics and ESG Invest. These improvements complement the Bank’s strategy for ESG and support its ambition to be a leader in responsible banking within Saudi Arabia. MSCI ESG awarded “SAB” a BBB rating. This is a reflection of the Bank’s effective integration of ESG factors in its business strategy. Sustainalytics improved “SAB’s” outlook with a Medium ESG Risk rating, assigning a score of 27.7. This is an indication of the Bank’s proactive approach to managing ESG risks and opportunities. They also improved “SAB’s” Low Carbon Transition Alignment to 1.9 degrees centigrade. ESG Invest awarded “SAB” a strong ESG Investment Rating, acknowledging its commitment to responsible and sustainable investing. This rating provides valuable insights for investors seeking to align their investments with ESG principles.